$28<span> compounded on a </span>Yearly<span> basis over the course of </span>5<span> years at a </span>4% interest rate would be worth:
<span>$34</span>
Answer:
angle R
Step-by-step explanation:
To solve this we will use cosine rule
Cosine rule
cos(A) = 
suppose,
q = 6.25
s = 11.04
r = 13.19
angleQ = 
= 30.58
angleR = 
= 93.82
angleS = 
= 56.63
m is the slope
b is the y-intercept
so that means that the y-intercept of
is
<h3>
Answer: $130</h3>
=======================================================
Explanation:
I'm assuming the bank is using simple interest (instead of compound interest).
If so, then,
i = P*r*t
i = 8000*0.0325*0.5
i = 130
The amount of interest is $130
In the formula above, I used
- P = 8000 = amount deposited
- r = 0.0325 = annual interest rate in decimal form
- t = 6/12 = 0.5 years, which means you don't use t = 6. We don't use t = 6 because the interest rate is on an annual basis, and not a 6-month basis.
The slope is -1
hope this helps
