I hope this picture helps.
Answer:
The answer for A is A- 3.75
And the answer for B is B- 16
The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
The y-intercept is 2.
Step-by-step explanation:
Assuming that the graph is labelled in increments of 1, the line is crossing the y-axis at 2. That means it's the y-intercept.
I hope this makes sense! ☺
Answer:
Step-by-step explanation: