Answer:
Compound interest
Step-by-step explanation:
The question requires us to determine if the interest earned is a simple or compound interest
Simple interest = amount deposited x time x interest rate
Future value with compounding = A( 1 + r)^n
A = amount deposited
r = interest rate
n = time
We would calculate the simple interest and the future value in year 2
Simple interest in year 2 = $3500 x 0.0375 x 2 = 262.50
Future value in 2 years with a simple interest = 262.50 + 3500 = $3762.50
Future value in year 2 with compounding = 3500 x (1.0375)^2 = $3767.42
The value provided in year 2 with compounding matches that provided in the question. Thus, it is compounding of interest that is done
Answer:
Slope = 1.500/2.000 = 0.750
a-intercept = 0/3 = 0.00000
b-intercept = 0/-4 = -0.00000
Step-by-step explanation:
Notice that when a = 0 the value of b is 0/-4 so this line "cuts" the b axis at b=-0.00000
b-intercept = 0/-4 = -0.00000
When b = 0 the value of a is 0/3 Our line therefore "cuts" the a axis at a= 0.00000
a-intercept = 0/3 = 0.00000
Slope is defined as the change in b divided by the change in a. We note that for a=0, the value of b is 0.000 and for a=2.000, the value of b is 1.500. So, for a change of 2.000 in a (The change in a is sometimes referred to as "RUN") we get a change of 1.500 - 0.000 = 1.500 in b. (The change in b is sometimes referred to as "RISE" and the Slope is m = RISE / RUN)
Slope = 1.500/2.000 = 0.750
D
if you move 5 down from f(x), the intercept is -2
Answer:
your anwser would be 5400
Step-by-step explanation:
the reason how i got this is you would divide 64800 by the year 12 months you divide 64800 by 12 and get 5400
