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leva [86]
3 years ago
7

Interest can be the money paid by a bank to a consumer as compensation for keeping their money in that bank. Interest can also b

e the money paid to a bank for the use of their money.
Mathematics
1 answer:
pashok25 [27]3 years ago
3 0

Answer: See explanation

Step-by-step explanation:

You didn't really say what you want but the above statement is true.

Interest can be the money paid by a bank to a consumer as compensation for keeping their money in that bank. This is because when an individual or a company keeps some amount of money with a bank, an interest is paid on that money and the longer the time duration, the higher the interest paid.

Also, Interest can also be the money paid to a bank for the use of their money. When someone goes to the bank to collect a loan, the bank charges an interest on that amount borrowed. For example, if one borrows $10,000, an interest of let's say 8% may be charged for a 2 years loan. Therefore, the interest would be:

= $10000 × 8% × 2

= $1600.

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The office manager of a small office ordered 140 packs of printer paper based on average daily use, she knows that the paper wil
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slope intercept form is y=mx+b

So slope intercept form is The office manager of a small office ordered 140 packs of printer paper based on average daily use, she knows that the paper will last about 80 days

(A) Lets make a table

X axis represents the Number of days paper used

y axis represents the packs of printer paper used

x            y

days      packs of printer paper used

0            0               (0 days , 0 packs used)

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The graph is attached below

(B) To find Equation of a line we use points (0,0)  and (80,140)

slope = \frac{y_2-y_1}{x_2-x_1} = \frac{140-0}{80-0} = \frac{7}{4}

y intecept is (0,0)

so b= 4

Slope intercept form of a line i y=mx + b

m is the slope and b is the y intercept

So slope intercept form of line becomes

y= \frac{7}{4} x

Standard form is Ax + By =C

y= \frac{7}{4} x

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4y = 7x

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-7x + 4y =0 is the standard form

(c) To find packs of printer paper  the manager expect to have after 30 days, Plug in 30 for x  and find out y

y= \frac{7}{4} x

y= \frac{7}{4}(30)= 52.5

Total 140 packs of printer paper

52.5 packs of paper used

Packs of paper remaining after 30 days = 140- 52.5= 87.5


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