Chris will have $7810 at the end of 12 years in his account if the simple interest rate is 3.5%.
According to the question,
We have the following information:
Chris invested $5,500. The investment had a simple interest rate of 3.5%. And he plans to leave the investment alone for 12 years.
Now, we know that the following formula is used to find the simple interest on an investment:
Interest = principal*rate*time/100
Principal = $5500
Rate = 3.5
Time = 12 years
Interest = (5500*3.5*12)/100
Interest = $2310
Now, the total amount in his account will be:
5500+2310
$7810
Hence, Chris will have $7810 at the end of 12 years in his account if the simple interest rate is 3.5%.
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The correct answer is -4.
Answer:
Option D.
Step-by-step explanation:
The slope of a horizontal line is 0.
It is given that the function 1 is a horizontal line that passing through the y-axis at y = 4.
It means the rate of change of function 1 is 0.
The slope intercept form of a linear function is 1
where, m is slope and b is y-intercept.
The function 2 is 2
On comparing (1) and (2), we get
The rate of change of function 2 is 8.
The difference between rate of change is
The rate of change of function 2 is 8 more than the rate of change of function 1.
Therefore, the correct option is D.
