Answer:
$66.00
Step-by-step explanation:
first we need multiply :D I will use the formula I =prt
principal= $500
rate=3.3%
time= 4 years
but we need to convert the percent, 3.3%, to a decimal
3.3%=0.033 or .033
now we multiply !
500 × 0.033 × 4 = 66 = $66.00
:D
Step-by-step explanation:
Answer:
She will not have enough. She will only have $1480.
Step-by-step explanation:
The formula for simple interest is A=P(1+rt)
A=final amount
P=initial amount
r=interest rate per month
t=time in months
A=1000(1+(0.02)(24))=1480
Rachel will not have enough money after two years (24 months.)
Hope that helps!
Answer:
-The equation for the problem:
Step-by-step explanation:
-First, you need determine the slope of a line:
(where 
is the first coordinate and 
is the second coordinate).
-Use both points 
and 
for the formula:
-After you have found the slope, use the point-slope formula and use the slope 
and the first coordinate, which is , to solve the equation and put it in slope-intercept form:
-Solve:
So, therefore the equation is .
