Simpe interest rate = PRT/100
— ( principal x rate x time ) / 100
$3,000 is the principal
3 years is the time
2% is the rate
so, PRT/100
(3,000 x 3 x 2) / 100
= $180
Answer : $180
Is there a graph for this problem?
As we know y=3/4x-3
Let's put it in the second equation
3/4x-3=1/4x+1
3/4 x -1/4 x = 1+3
2/4 x = 4
X= 4*4/2
x=8
Put x= 8 in first equation
y= 3/4 *8 -3
y=6-3
y=3
Check the answer
3=3/4 *8 -3
3=6-3
3=3
Correct
So(y, x) = (3,8)
Because x=8 and y=3
First set of data:
Mean - 6.5
Absolute deviation - 2.4
Second set of data:
Mean - 4.475
Absolute deviation - 2.275