Answer:
Annually cumulating interest can be determined by the following formula:
W=P(1+r)^y
r represents the interest rate as a decimal, and P represents the starting amount of money.
Step-by-step explanation:
Answer:
Trigonometry is a branch of mathematics that studies relationships between side lengths and angles of triangles. The field emerged in the Hellenistic world during the 3rd century BC from applications of geometry to astronomical studies.
Step-by-step explanation:
Answer:
y = -2x + 2 i think
Step-by-step explanation:
Interest rate = 7%
I= PRT where I is the interest earned, p is the principal, r is rate as a decimal, and t is time in years.
A - P will give us the interest earned.
12,150 - 9,000 = 3,150
3150 = (9000)(r)(5)
3150 = 45,000r
r = 0.07
r = 7%
