Answer:
$34,300
Step-by-step explanation:
First, we need to find how much interest is earned in one month : 7,000 * 6.5% = 455
455 is how much you gain monthly, multiply that by 12 to find the annual interest so 455 * 12 = 5,460
You then multiply that number by 5 to find the interest of the span of the 5 years
5,460 * 5 = 27,300
You add the original number to the interest with 27,300 + 7,000 = 34,300 in the account
Answer:
-2
Step-by-step explanation:
We can find the slope by using the slope formula
m = (y2-y1)/(x2-x1)
= (-5 - -7)/ ( -2 - -1)
= ( -5+7) / ( -2 +1)
= 2/-1
= -2
