Answer:
The amount becomes $6964.53 after 3 years .
Step-by-step explanation:
Formula
Where P is the principle , r is the rate of interest in the decimal form and t is the time in the years .
As given
Earl invested 6,000 in a money market account that pays 5% interest quarterly for 3 years .
P = $6000
5% is written in the decimal form.
= 0.05
r = 0.05
t = 3 years
Putting all the values in the formula
Therefore the amount becomes $6964.53 after 3 years .
Answer:
Step-by-step explanation:
slope intercept form is y = mx + b
b is the y intercept ( crossing y axis value).... by inspection b = -4
m is the slope of the line, Slope = m = 1/4 note: the slope is positive
the slope equals the 'rise' over 'run'
if the line moves up the slope is positive, if the line moves down the slope is negative
the rise is how many y units does the line go 'up' or 'down'
the run is how many x units does the line go 'left' or 'right'
the rise = 1 Y unit
the run = 4 X units
y = mx + b m =1/4 b = -4
y = (1/4)x + (-4)
y = (1/4)x - 4
graph a line stating at y = -4 and going up (rising) to the right ONE Y Unit for every FOUR X units (the run)
