Step-by-step explanation:
step 1. let's call the balance A, the initial amount P, the yearly rate r, the number of compounds yearly n, and the time t.
step 2. A = P(1 + r/n)^(nt) (compounding equation)
step 3. A = 8500(1 + .0178/12)^((12)(10))
step 4. A = 8500(1.00148334)^120
step 5. A = $10,154.68.
Answer:
We get 6 x10^7 with a 4dp of 9599
9599
/ \
29 331
Step-by-step explanation:
Rounded to 4dp
64151584.9599
The slope-intercept equation for a straight line as - 3 x + 10.
Slope refers to a number that describes both the direction and the steepness of the line.
The slope-intercept equation for a straight line is given by:
y = m x + b;
where m = the slope and b = the y-intercept.
Here, we are given that:
m = slope = -3
y- intercept = b = 10
Put it in the equation y = m x + b, we get that:
y = (-3) x + 10
y = -3 x + 10.
Therefore, we get the slope-intercept equation for a straight line as - 3 x + 10.
Learn more about slopes here:
brainly.com/question/3493733
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