Answer:
The amount of interest earned for the year is $37.7
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents principal or amount invested.
T represents the time
R represents the interest rate
I represents the interest
From the information given,
You want to put $580 into a saving account for 1 year. This means that
P = $580 and
T = 1 year
R = 6 1/2 = 6.5%
I = (580× 6.5×1)/100 = $37.7
Answer:
8
Step-by-step explanation:
its eight...........................
Answer:
y=2x+7
Step-by-step explanation:
When an equation is parallel to another, it shares the same slope.
Our original line is y=2x-8, and it is in slope-intercept form (y=mx+b)
This means that our slope is 2 because m represents the slope.
The slope of our parallel line will then also be 2.
<u>We can begin to plug that into point-slope form which is:</u>
y - y1 = m(x - x1)
This is where (x1, y1) is a point the line intersects, and m is the slope.
<u>Plugging in the slope, we'll have:</u>
y - y1 = 2(x - x1)
We also know it intersects the point (-4, -1）
We can plug this into our equation as well.
y - (-1) = m(x - (-4))
y+1=2(x+4)
<u>Now, we can simplify it into slope-intercept form:</u>
y+1=2(x+4)
Distribute
y+1=2x+8
Subtract 1 from both sides
y=2x+8-1
y=2x+7
