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3 years ago

What is the balance of an investment after 2 years if the starting amount was 543300

Mathematics

1 answer:

PtichkaEL [24]3 years ago

8 0

Answer:

Step-by-step explanation:

Since it is simple interest, you have to use the formula I = Prt.

(I is interest, P is principal (the starting amount), and r is the & rate as a decimal.

So, the interest would be

I = 543,300 (0.048) (2) = $52,156.80

The balance is the total amount. The balance would be the starting amount plus the interest.

Balance = 543,300 + 52,156.80 = $595,456.80

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gregori [183]

Answer:

The equation of the line is:

$y = 4x + 3$

Step-by-step explanation:

We know that the slope-intercept of line equation is

$y = mx+b$

Where m is the slope and b is the y-intercept

Given the two points on a line

(0, 3)

(-2, -5)

Finding the slope between (0, 3) and (-2, -5)

$\mathrm{Slope}=\frac{y_2-y_1}{x_2-x_1}$

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$m=\frac{-5-3}{-2-0}$

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From the graph, it is clear:

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$y = mx+b$

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Therefore, the equation of the line is:

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Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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Answer:

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Step-by-step explanation:

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