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Yuliya22 [10]
3 years ago
10

Fiona has $998 in her savings account. If the bank pays 2.5% simple interest on savings, how much does she earn in one year?

Mathematics
2 answers:
olga nikolaevna [1]3 years ago
5 0
The answer would be A: $24.95
earnstyle [38]3 years ago
4 0
Answer is A. $24.95

I just multiple 998 by 0.025 to get 24.95

2.5%=0.025
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Answer:

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Step-by-step explanation:

Hello!

A linear function is written in the form of y = mx + b, where m is the slope and b is the y-intercept.

Each of these expressions can be converted to coordinate form, (-2,9) and (6,7).

<h2>Slope</h2>

Slope can be calculated by the difference in the x-values divided by the difference in the y-values.

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The slope is -1/4.

<h2 /><h2>Y-intercept</h2>

The y-intercept is found by plugging in the x and y values of a coordinate and the slope and then solving for b.

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<h2>Equation</h2>

We can find the equation by simply plugging in all the values that we found.

Equation: y = -\frac14x + 8.5

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