Solve photo question. Mathematics. Please. Easy one. And last one.
2 answers:
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Answer:
The value of the acount after t years is of
The annual growth rate is of 0.72%.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
$650 is invested in an account earning 8.6% interest (APR), compounded monthly.
This means that . So
The value of the acount after t years is of
Annual growth rate
1.0072 - 1 = 0.0072 = 0.72%
The annual growth rate is of 0.72%.
The equation y = x + 8 uses the slope intercept form
Remember that the slope intercept formula is:
y = mx + b
m is the slope
b is the y-intercept
In this case
y = 1x + 8
m = 1
y = x + 8
b = 8 OR y-intercept of this line is (0, 8)
You can plot the point (0, 8) on a graph. Then to find the next point you will rise up 1 and over right 1 (this is the slope). You can find another point after that by going down one and left one from the point (0, 8)
The graph should look like the one in the image below
Hope this helped! Let me know if you have any further questions
~Just a girl in love with Shawn Mendes
