Use the formula for simple interest:
i = p* r* t
Here, $120 = $2000*r* (18/12 years)
$120
Then r = ------------------ = 0.04. That's 4% per year.
$2000(1.5)
Answer:
im not exactly sure but i think it would be y=1x-2
Answer:
Option A.
Step-by-step explanation:
Note: Let as consider, we have to find the total amount after 9 years.
It is given that,
Principal amount = $1000
Rate of compound (yearly) interest = 15% = 0.15
Time = 9 year
The formula for total amount is
where, P is principal, i is rate of interest and n is number of years.
Substituting P=1000, i=0.15 and n=9, we get
So, the total amount after 9 years is $3517.88.
Therefore, the correct option is A.
Answer:
4
Step-by-step explanation:
(y1-y2)/(x1-x2) = (2-10)/(1-3) = -8/-2 = 4
Answer:
114 mi
Step-by-step explanation:
=