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erma4kov [3.2K]

3 years ago

5

Explain why the prMarco Invests $760 into a savings account. The account pays 4% simple interest. If Marco makes no deposits or

withdrawals to his account in 5 years. How much will it be in that account?

1 answer:

Vladimir79 [104]3 years ago

8 0

Answer:

Step-by-step explanation:

start with 760 dollars. find 4% of that amount then add that % plus the starting amount 5 diffrent times.

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<h2>Explanation:</h2>

In order to solve this problem, let's remember the point-slope form of the equation of a line:

$y-y_{1}=m(x-x_{1}) \\ \\ m:slope \\ \\ (x_{1},y_{1}):A \ point \ on \ the \ line$

We know two points:

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So:

$m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}} \\ \\ m=\frac{-1-(-1)}{6-(-4)} \\ \\ m=0$

So this is a constant line (slope equals zero). Therefore, every point has a y-coordinate $y=-1$ . In other words, the equation is:

$\boxed{y=-1}$

<h2>Learn more:</h2>

Equation of lines: brainly.com/question/13015874

#LearnWithBrainly

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