Answer:
The slope is 4
Step-by-step explanation:
I think it's right
Answer:
Chris earned $ 43,344 each year
Monthly Chris earns $ 3,612
Step-by-step explanation:
If you earn a fixed amount of money each month, for 2 years and one year you have 12 months, then 2 years equals 24 months.
To know how much you earn each month we divide the total amount earned in the two years between 24 months
I = $ 86,688 / 24
I = $ 3,612
Monthly Chris earns $ 3,612
To calculate what he earned each year we divided $ 86,688 / 2
I = $ 86,688 / 2
I = $ 43,344
Chris earned $ 43,344 each year
Answer:
10.1 years.
Step-by-step explanation:
It is given that,
Principal = 9000
Rate of interest = 5%
No. of times interest compounded = 2 times in an year
Amount after certain time = 14800
The formula for amount:
where, P is principal, r is rate of interest, n is no. of times interest compounded in an year and t is time in years.
Substitute the given values in the above formula.
Taking log both sides.
![[\because \log a^b=b\log a]](https://tex.z-dn.net/?f=%5B%5Cbecause%20%5Clog%20a%5Eb%3Db%5Clog%20a%5D)
Therefore, the required time is 10.1 years.
$450 per week earns you $450 total per week, for $<span>23,400 total
$115 per week earns you that plus 9.5% of $125,000, which is $</span>11,875, plus $5,980 which is $<span>17,855 total
There is a $</span><span>5,545 difference, making the $450 a week a better deal</span>
