Answer:
$120.00
Step-by-step explanation:
2000/100 = $20 = 1%
20x12 = $240 = annual intrest = 12m
June 15 - December 15 = 6m
240/2 = $120 for half a year intrest!
$6.63
Set up a proportion for the situation and solve for the unknown quantity. Round to the hundredths place because we are dealing with money.
See details:
The slope is a negative slope and the y-intercept is (0,2).