Answer:
80
Step-by-step explanation:
80 * 20% = 16
then 16 is 20% of 80
Answer:
(assuming simple interest)
I'll setup the problem and you can do the computation
Step-by-step explanation:
The formula for simple interest:
I = P*r*t
P = deposits
r = interest rate per period (a year)
t = number of periods
P = Php 23,200
r = 0.06
t = 1
If you have questions, send me a comment
This is a compound interest problem so you cannot use the simple interest formula. Effectively the total amount is being compounded each year by 6%. There is a formula for compound interest but in this simple example you can work this out recursively.
year 1 = 6500
year2 = 6500*1.06 = 6890
year3 = 6890*1.06 = 7303
year4 = 7303*1.06 = 7741..
etc......
year12 = 11604*1.06 = 12338
<span>y - 7 = 3(3x - 11)
y - 7 = 9x - 33
y = 9x - 26
</span>answer
slope intercept form: y = 9x - 26
