Answer is below lmk if it’s correct or wrong
Answer:
20 years. ($221,246.39, to be exact.)
Step-by-step explanation:
Compound interest is a system where the interest rate always applies for the amount you first put your money in. So if you put 90,000 dollars as your first deposit, the annual interest would only apply to $90,000 every time.
If you divide $12.91 by .48, that'll give you 26.89583333... So rounding that brings you to $26.90
The slope of the given line is 3. Therefore, the slope of any line perpendicular to y = 3x - 2 is the negative reciprocal of 3, which is m = -1/3.
Starting with the point-slope equation of a straight line, obtain the specific equation applicable here by substituting the givens: m = -1/3, h = 6 and k = 8):
y - k = m (x - h) becomes y - 8 = (-1/3)(x - 6) (answer).
This could, if you wish, be rewritten in some other format.
