First you must expand them
the solid line passes through (0,-3) and (0,9)
dotted line passes through (0,-3) and (0,-1)
see attached sketch
Answer:
$9261
$1261
Step-by-step explanation:
Principal: $8000
Interest rate: 5% PA compounded annually
Time: 3 years
- Sum = $8000*(1.05)³ = $9261
- Interest = $9261 - $8000 = $1261
Answer:
Step-by-step explanation:


