What are strategies i can use to find the percent of one quantity to another quantity?
1 answer:
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Answer:
$1,229.75
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 3.25% into a decimal:
3.25% -> -> 0.0325
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
Lastly, subtract A from P to get the interest earned:
Answer:
Step-by-step explanation:
Since the equation is parallel, this means that the slope remains the same which is 0.5.
The remaining thing to do is to find b or y-intercept. To do that, the point (6,-2) and the slope of 0.5 will be used.
When solving for b, it will equal to -5.
Therefore the new equation that is parallel is