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Soloha48 [4]
2 years ago
12

$300 at 0.7% interest for 8 years What is the interest? What is the new balance?

Mathematics
2 answers:
Murrr4er [49]2 years ago
7 0
Interest would be $17.21 :)
Ivanshal [37]2 years ago
4 0
At the end of 8 years, your savings will have grown to $317.
You will have earned in $17.21 in interest.
i hope this helped!
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ANSWER

y = 3x - 3

EXPLANATION

Let

y = mx + c

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We can choose any two ordered pairs to determine the equation of the relation.

(6,15) \: and \:  (8,21)

We find m using the formula;

m =  \frac{y_2-y_1}{x_2-x_1}

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y = 3x -3

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