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beks73 [17]
3 years ago
11

5 Select the correct answer Which system of equations is represented by this graph?

Mathematics
1 answer:
Umnica [9.8K]3 years ago
5 0
Y=2-3x
Y=-4 -2/5x
I think
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Determine how much you would receive in return for a 8 month, $500 loan to a friend if you charged the 3% annual interest.
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Answer:

You would receive $510.08 in return.

Step-by-step explanation:

In order to find the answer, you can use the formula to calculate the future value:

FV=PV*(1+i)^n

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i= interest rate=0.03/12=0.0025 per month

n= number of periods of time= 8

Now, you can replace the values in the formula:

FV=500*(1+0.0025)^8

FV=500*(1.0025)^8

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According to this, the answer is that you would receive $510.08 in return.

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