A national survey showed that 44% of college students drink. A professor provided his own survey by choosing a random sample of
1 answer:
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You would select the points with the x-values -3 and 2 and use the slope formula:
(-3, -36) and (2,4)
← slope formula
x1 = -3 y1 = -36 and x2 = 2 y2 = 4
(-3, -36) and (2,4)
x1 = -3 y1 = -36 and x2 = 2 y2 = 4
Caiden's balance after 5 years would be $831
<u>Explanation:</u>
Given:
Principal, p = $475
Rate of interest = 3.8%
time, t = 15 years
Balance after 15 years = ?
We know:
where,
n = number of compounding periods
r = rate of interest
t = number of years
Substituting the value;
Therefore, Caiden's balance after 5 years would be $831