Answer:
m = 1, y = 1
x + 10
Step-by-step explanation:
The equation of a line is y = mx + c where m is the slope and c is the y-intercept. I will be calculating the slope using the points (7, 2) and (0, 10)
m =
=
=
= 1
Based on the graph, the y-intercept is 10. Thus, the equation of the line is 1x + 10.
Answer:
the amount of money Ian invested is P = £2,500
Step-by-step explanation:
The standard formula for compound interest is given as;
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case, Given that;
A = £2652.25
t = 2 years
n = 1 (semiannually)
r = 3% = 0.03
substituting the given values into equation 1;
P = £2,500
the amount of money Ian invested is P = £2,500