Answer:
Year 29 $2,956.63 Total Interest $40,643.25 Balance $48,443.25
Step-by-step explanation:
Base amount: $7,800.00
Interest Rate: 6.5% (yearly)
Effective Annual Rate: 6.5%
Calculation period: 29 years
Answer:
Step-by-step explanation:
Looking at the given graph, the slope of the line is expressed as
Slope = (y2 - y1)/(x2 - x1)
y2 = 19.5
y1 = 9.5
x2 = 6
x1 = 1
Slope = (19.5 - 9.5)/(6-1)
Slope = 10/5 = 2
The successive terms is increasing by 2
The formula for the nth term of an arithmetic sequence is expressed as
Tn = a + (n - 1)d
Where
a is the first term of the sequence
n is the number of terms in the sequence.
d is the common difference.
From the information given,
a = 9.5
Tn = an
d = 2
The explicit rule for the arithmetic sequence will be
an = 9.5 + 2(n-1)
The correct next step Amy could take is to factor (x^2 - 16) on the left side of the equation to yield (x + 4)(x – 4)(x + 2) = 0.
The equation is given as:

The possible next steps are:
1. Expand the equation as follows

2. Express x^2 -16 as a difference of two squares as follows

However, the correct step in this case is to factor x^2 - 16 as a difference of two squares to give 
This is so, because the question says Amy is trying to solve for variable x.
This step will ensure that she gets the possible values of x, unlike expanding the whole equation .
Hence, the correct next step is 
Read more about equations at:
brainly.com/question/7674413
If this is adding or subtracting you can get your answer by using the formula part over whole so turning it into a fraction and solving so you would have 1500 over 7% hope this helps