Answer:
Step-by-step explanation:
To find the slope from two points you can use the following formula:
Now substitute the two sets of points
Substitute the values like this:
and
Now you will need to simplify the following expression:
Make sure that denominators are the same before substracting:
when you divide with a fractional number you only need to flip the second fraction over (find its reciprocal). Then just multiply:
Using the interest formulas, it is found that the values of the investment are given as follows:
- Using simple interest, the value will be of $34,000.
- Using compound interest, the value will be of $144,461.
- Using continuous compounding, the value will be of $148,002.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:

In which:
- r is the interest rate, as a decimal.
In this problem, we have that the parameters are as follows:
P = 9000, r = 0.07, t = 40.
Hence:

<h3>Compound interest</h3>

n is the number of compounding, for quarterly n = 4, then:


<h3>Continuous compounding</h3>

Hence:

More can be learned about the interest formulas at brainly.com/question/25296782
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Two equivalent ratios for 1/8 is 2:16 and 4:32
20*5%= 20* 0.05=1 , and 1 year= 365 days, so 1 *355=$355 in one year I think, but I’m not sure how to use the formula
Is there supposed to be a photo?