Step-by-step explanation:
this is the answer (y2 - y1) = m (x2 - x1)
Answer:
1 and 3
Step-by-step explanation:
Answer:
So then after 8 years we will have in the account 3283.153
And in order to find the interest we can do the following operation:
Step-by-step explanation:
For this case we can use the formula for the future value using compound interest given by:
Where P= 1986 the initial amount invested. r = 0.063 represent the interest rate. n=12 represent the number of times that the rate is compounded in a year. And t =8 years . Replacing the info we got:
So then after 8 years we will have in the account 3283.153
And in order to find the interest we can do the following operation:
You subtract 6 from both sides, and then multiply by 6 on both sides. You should get -20.