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taurus [48]
3 years ago
13

Matt borrows $1000 at 9% compounded monthly for 2 years. Find the total interest amount on the loan.

Mathematics
2 answers:
LuckyWell [14K]3 years ago
7 0
The answer is 657000 because 1000x.9 is 900x730(which is what 2 years is like in days)
Anastasy [175]3 years ago
5 0
A= P(1+(0.09/12))^2*12. 
  = $1196.41
I= A-P
 = 1196.41-1000
 =$196.41
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Dave bakes 12 cakes in 3 minutes. If b represents the numbers cakes David bakes in minutes . What is a linear equation that repr
Lostsunrise [7]

Answer:

The linear equation will be:

b = 4a

Here,

b = numbers of cakes David bakes

a = the time taken by David to bake cakes

Step-by-step explanation:

Let 'b' represents the numbers of cakes David bakes in minutes.

Let 'a' represents the time David takes to make 12 cakes

As Dave bakes 12 cakes in 3 minutes.

unit rate = 12/3 = 4 cakes / per minute

  • The unit rate can also be treated as a slope as it is just representing the rate of change.

Thus, the linear equation will be:

b = 4a

Here,

b = numbers of cakes David bakes

a = the time taken by David to bake cakes

VERIFICATION

if a = 3 minuts

then

b = 4(3) = 12 cakes

and

if a = 2 minutes

then

b = 4(2) = 8 cakes

and

if a = 1 minute

then

b = 4(1) = 4 cakes

Thus, the required equation is:

b = 4a

Here,

b = numbers of cakes David bakes

a = the time taken by David to bake cakes

8 0
3 years ago
What is the slope of (1,0) and (3, 4) (remember to use the slope formula y1-y2/x1-x2<br> and reduce)
expeople1 [14]

Answer:

m=2

General Formulas and Concepts:

<u>Pre-Alg</u>

  • Order of Operations: BPEMDAS

<u>Alg I</u>

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Step-by-step explanation:

<u>Step 1: Define</u>

Point (1, 0)

Point (3, 4)

<u>Step 2: Find slope </u><em><u>m</u></em>

  1. Substitute:                    m=\frac{4-0}{3-1}
  2. Subtract:                       m=\frac{4}{2}
  3. Divide:                          m=2
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atroni [7]
I got 8
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