You would need more details like the y values or something. Rate of change is slope though if that helps you enough to figure it out
Answer:
$ 8,695.35
Step-by-step explanation:
This is a compound interest question
Amount after t years = A = P(1 + r/n)^nt
Where P = Initial Amount saved
r = interest rate
t = time in years
n = compounding frequency
A = 10,000
r = 3.5 %
t = 21 - 17 = 4 years
n = Compounded monthly = 12
Step 1
Converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
P = A / (1 + r/n)^nt
Solving our equation:
P = 10000 / ( 1 + (0.035/12)^12 ×4 =
P = $8,695.35
The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.
Answer:
see below
Step-by-step explanation:
First determine how much is subtracted from the account
12.57+24.95+36.86 =74.38
They charge .15 per check=3*.15 = .45
Subtract the amounts of the checks and the check fees
139.50-74.38-.45 =64.67
It is expressed as x=a when a equals the x-intercept.
e.g. a straight vertical line through (0,4) has the equation x=4.
