Step-by-step explanation:
The formula for compound interest is
P = I (1 + r/n)^nt
where
P: the total amount of money in the account after a certain amount of time
I: the principal amount
r: the interest rate as a decimal
n: the number of times a year interest is compounded
t: the number of years passed
For Patrick:
P = 200 (1 + 0.02/12)^12*8
P = 200 (1 + 0.00166667)^96
P = 200 (1.00166667)^96
P = 200 * 1.00166667^96
P = $234.67
For Brooklyn:
P = 200 (1 + 0.04/4)^4*8
P = 200 (1 + 0.01)^32
P = 200 (1.01)^32
P = 200 * 1.01^32
P = $274.99
After 8 years, Patrick has $234.67 and Brooklyn has $274.99
Answer:
The y -intercept of a graph is the point where the graph crosses the y -axis. (Because a function must pass the vertical line test , a function can have at most one y -intercept . ) The y -intercept is often referred to with just the y -value.
Step-by-step explanation:
Y - intercept represents the position of a point on y-axis or when a line passes through y-axis, it, actually, passes through a point on y-axis. And that point is called the y intercept. It is usually represented by and as a point, it is represented as.
It's called the "y intercept" and it's the y value of the point where the line intersects the y- axis. For this line, the y-intercept is "negative 1." You can find the y-intercept by looking at the graph and seeing which point crosses the y axis. This point will always have an x coordinate of zero.
Hoped this helped! :D
Answer:
me
Step-by-step explanation:
I DK I DK I DK I DK but maybe it’s already in that order
Answer:
The answer is 60 and 80
Step-by-step explanation:
