I=PRT
I=interest
P=initial amount
R=rate in decimal
T=time in years
given
P=5523
R=4.99%=0.0499
T=7
I=(5523)(0.0499)(7)
I=1929.1839
round
$1929.18 interest earned
Answer:
.
Step-by-step explanation:
From the given graph it is clear that the y-intercept is 16.
The line passes through (-2,24) and (2,8). So, slope of line is
Slope intercept form of a line is
where, m is slope and b is y-intercept.
Substitute m=-4 and b=16 in the above equation.
Therefore, the required equation is
.
Answer:
Hey there!
We have an=a1(r^n-1), which is the formula for a geometric sequence.
The common ratio is 3, and 2 is the 1st term.
Thus, we have a1=2(3)^(n-1)
Hope this helps :)