9514 1404 393
Answer:
$12,720
Step-by-step explanation:
The amount is given by the formula ...
A = P(1 +rt)
where P is the principal, invested at rate r for t years.
A = $12,000(1 +0.06·1) = $12,720
The total amount after 1 year is $12,720.
Answer:
<em>Equation; y = 1 3 / 7x - 5 / 7</em>
Step-by-step explanation:
First consider the slope of this equation we must derive;
Slope Formula = Rise / Run,
y2 - y1 / x2 - x1 ⇒
5 - ( - 5 ) / 4 - ( - 3 ) ⇒
10 / 7 ⇒ Slope : 1 3 / 7
So far we can formulate an equation as such;
y = 1 3 / 7 * x + b, <em>where b ⇒ y - intercept</em>
Given one of the points, substitute into this equation solving for b;
5 = 1 3 / 7 * ( 4 ) + b,
5 = 40 / 7 + b,
b = - 5 / 7
From this we can derive one point - slope from equation to be :
<em>Equation; y = 1 3 / 7x - 5 / 7</em>
x=4 because if you add 7 to 10 you get -2x-3=-14x then you add -2x to -14x and you get -3=-12 then you divide by -3 and -12 to get 4
