Johnny opened a savings account 3 years ago. The account earns 7% interest, compounded continuously. If the current balance is $
1 answer:
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The general equation of a line is y = mx + b
m is given as 1/2, so we have:
Plugging in the given values of x and y, we get:
-2 = 0 + b
Therefore b = -2, and the answer is:
m is given as 1/2, so we have:
Plugging in the given values of x and y, we get:
-2 = 0 + b
Therefore b = -2, and the answer is:
