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lara [203]
2 years ago
8

How much interest does $400 make in 5 years at 7% per annum?

Mathematics
1 answer:
ZanzabumX [31]2 years ago
4 0

Answer:

$112

Step-by-step explanation:

7% for each year = $28

7% for four years = $28.4= $112

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Step-by-step explanation:

The equation of a straight line can be represented in the slope-intercept form, y = mx + c

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Comparing with the slope intercept equation, m = 47

If two lines are parallel, it means that they have equal slope. This means that the slope of the line passing through (14, 4) is 47

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4 = 47× 14 + c

4 = 658 + c

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The equation becomes

y = 47x - 654

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