Answer:
(- , 0 )
Step-by-step explanation:
to find where the line crosses the x- axis, let y = 0 in the equation and solve for x
5x - 2(0) + 1 = 0
5x - 0 + 1 = 0
5x + 1 = 0 ( subtract 1 from both sides )
5x = - 1 ( divide both sides by 5 )
x = -
the line crosses the x- axis at (- , 0 ) or ( - 0.2, 0 )
Answer:
$3098.93
Step-by-step explanation:
We can use the formula for compound growth to solve this. The formula is:
Where
F is the future value (the value at end of 14 years, our answer)
P is the initial amount invested ($1250)
r is the interest rate, in decimal (6.7% is 0.067)
t is the time in years (14, in our case)
<em>Plugging in all the information</em> we have:
The account will accrue $3098.93 after 14 years.