Perimeter: 26
Area: 32
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Answer:
y = 2x + 3 → Gradient / slope = 2 → Y - intercept = 3
y = -3x + 3 → Gradient / slope = -3 → Y - intercept = 3
Step-by-step explanation:
y = mx + c
This is the standard way an equation of a line is written. The 'm' of the line is the slope/gradient and the 'c' is the y - intercept. You can find the x-intercept by making y = 0. When the questions asks you to find the gradient you should never put 'x' after it only the number so
y = 2x + 3
Gradient / slope = 2
Y - intercept = 3
y = -3x + 3
Gradient / slope = -3
Y - intercept = 3
The future value of the investment if the interest is compounded monthly is $89,354.89.
<h3>What is the future value of the investment?</h3>
Given that;
- Principal P = $20,000
- Annual interest rate r = 5% = 5/100 = 0.05
- Time t = 30 years
- Compound monthly = 12
- Future value = A = ?
Using the compound interest formula;
A = P( 1 + r/n )^(nt)
We plug in our values.
A = 20000( 1 + 0.05/12 )^(12 × 30)
A = 20000( 1 + 0.0041666666666667)^(360)
A = 20000( 1.0041666666666667)^(360)
A = 20000( 4.46774965 )
A = 89354.89
Therefore, the future value of the investment if the interest is compounded monthly is $89,354.89.
Learn more about compound interest here: brainly.com/question/21270833
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