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3 years ago

14

Ariana invested $400 in an account paying an interest rate of 3.8% compounded monthly. Assuming no deposits or withdrawals are m

ade, how much money, to the nearest ten dollars, would be in the account after 11 years?

1 answer:

posledela3 years ago

5 0

Answer:

After 11years there'll be$602.880

Step-by-step explanation:

Amount after 11years

=$400(1+3.8/100)¹¹

=$602.880

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1,000 is both a rational number and a whole number.

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3 years ago

Write in slope-intercept form an equation of the line that passes through the points (−1,12) and (1,2).

zzz [600]

Answer:

$y=-5x+7$

Step-by-step explanation:

step 1

Find the slope

The formula to calculate the slope between two points is equal to

$m=\frac{y2-y1}{x2-x1}$

we have

the points (−1,12) and (1,2)

substitute

$m=\frac{2-12}{1+1}$

$m=\frac{-10}{2}$

$m=-5$

step 2

we know that

The equation of the line in slope intercept form is equl to

$y=mx+b$

where

m is the slope

b is the y-intercept

we have

$m=-5$

$point\ (1,2)$

substitute in the linear equation and solve for b

$2=-5(1)+b$

$b=2+5=7$

therefore

$y=-5x+7$

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3 years ago