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Alex Ar [27]
3 years ago
6

Carmen deposited $960 in a savings account with simple interest. Five years later, the account held $1,200. What was the interes

t rate?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
Mathematics
1 answer:
Makovka662 [10]3 years ago
4 0

Answer:

0.25/ 25%

Step-by-step explanation:

I=prt

1200=960*x*5

1200=4800x

divide both sides by 4800

x=0.25

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1.

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Write the slip-intercept form of the equation of the line described
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1) y=⅚x -2⅓

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Step-by-step explanation:

<u>Point-slope form:</u>

y=mx+c, where m is the gradient and c is the y-intercept.

Parallel lines have the same gradient.

Gradient of given line= \frac{5}{6}

Thus, m=⅚

Susbt. m=⅚ into the equation,

y= ⅚x +c

Since the line passes through the point (4, 1), (4, 1) must satisfy the equation. Thus, substitute (4, 1) into the equation to find c.

When x=4, y=1,

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Gradient of given line= -⅜

-⅜(gradient of line)= -1

gradient of line

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3 =  \frac{8}{3} (3) + c \\ 3 = 8 + c \\ c = 3 - 8 \\ c =  - 5

Thus the equation of the line is y =  \frac{8}{3} x - 5.

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