Answer:
The amount that we should deposit in each bank is around $942.
Step-by-step explanation:
Case 1:
A=$1000
n = 12
t = 2
r = 3% or 0.03
p = ?
The compound interest formula is :
Substituting values in the formula;
=> 
=> 
p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?
=> 
=> 
p = $941.76
The amount that we should deposit in each bank is around $942.
Answer:
$59.4
Step-by-step explanation:
Round up: 60*1 = $60. Everytime you add $0.99, you subtract off a penny, so you will subtract off 60 pennies. 60 cents from the original answer, so 60-0.6=59.4.
Answer:
$145.50
Step-by-step explanation:
C = 45.50 + 2n
45.50 + 2X 100 = $145.50
Answer:
y = 3x - 27
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Here m = 3 , then
y = 3x + c ← is the partial equation
To find c substitute (6, - 9) into the partial equation
- 9 = 18 + c ⇒ c = - 9 - 18 = - 27
y = 3x - 27 ← equation of line
