Suppose Bob borrows $5,000 for three years from his rich uncle, who agrees to charge Bob simple interest at 5% annually. How muc
h would Bob have to pay in interest charges every year, and what would his total interest charges be after three years?
1 answer:
Answer:
Step-by-step explanation:
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Answer: A = 38
Steps:
5A = 200 - 10
5A = 190
A = 190/5
A = 38
I hope this helps :)
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Parallel because they have the same slope
Solve for b:
y = 0x + b
6 = 0 + b
b = 6
The answer is y = 0x + 6