y + 3 = (x - 5)
the equation of a line in point- slope form is
y - b = m ( x - a )
where m is the slope and (a, b) a point on the line
here m = and (a,b) = (5 , - 3 )
y + 3 = (x - 5 ) ← in point-slope form
PLEASE HELP! 15 POINTS AND FIRST PERSON TO ANSWER GETS BRAINLIEST!!!
1 answer:
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Interest paid after 30 years is $494,546.99.
Solution:
Principal (P) = $195,000
Interest rate (r) = 4.3%
Time (t) = 30 years
n = number of times interest calculated per year
n = 1
Compound interest formula:
where A is the final amount
A = 689546.99
Interest = Amount - Principal
= 689546.99 - 195000
= 494546.99
Interest paid after 30 years is $494,546.99.