the answer to this question would be c- 15.6
Answer:
y=15x+185
Step-by-step explanation:
Step 1: Add -x to both sides.
x−5y+−x=−18+−x
−5y=−x−18
Step 2: Divide both sides by -5.
−5y−5=−x−18−5
y=15x+185
I will assume you are using compound interest.
<span>let the amount invested be x </span>
<span>x(1.0575)^25 = 85000 </span>
<span>x = 85000/1.0575^25 = $21,009.20</span>
Answer:
$24.35
Step-by-step explanation:
We will use the compound interest formula provided to solve this problem:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 1% into a decimal:
1% ->
-> 0.01
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:


Lastly, subtract <em>A </em>from the principal to get the interest earned:
