Take a look at the image below.
Answer:
y= 6/5 x -5
Step-by-step explanation:
You have 2 points. (0,-5) and (5,1)
If you use the formula Y2-Y1 / X2-X1,
you will have 1 - (-5) on the numerator, which equals 6
you will have 5 - 0 in the denominator, which equals 5
6/5 is your slope, and the point on the y-intercept is what you put at the end of the equation.
Answer:
The amount will be "$3655.21".
Step-by-step explanation:
The given values are:
Principle,
P = $3000
Interest rate,
r = 10% i.e., 0.1
Number of times interest,
n = 4
Time,
t = 2 years
As we know,
⇒
On putting the values in the above formula, we get
⇒
⇒
⇒
⇒ ($)
Answer:
If 12,000 are put at an account with 2.5% compound interest in 15 years your total would be $17,379.58
Anything divided by 5 is the same as multiplying by 0.2, so double it and divide it by ten -2.4