Answer: the account earns interest of $40.16
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 875.83
r = 9% = 9/100 = 0.09
n = 12 because it was compounded 12 times in a year.
t = 6 months = 6/12 = 0.5 year
Therefore,.
A = 875.83(1+0.09/12)^0.5 × 12
A = 875.83(1+0.0075)^6
A = 875.83(1.0075)^6
A = 915.99
The interest that she earns is
915.99 - 875.83 = $40.16
Answer:
Below.
Step-by-step explanation:
A linear function contains a variable of the first degree only - for example f(x) = 2x - 1 or f(z) = 3z.
So y = x + 5 is linear.
Answer:
hight is 158
Step-by-step explanation:
Answer:
$75
Step-by-step explanation:
To find out how much George's mom paid for the 6 tickets, first find the unit rate, that is cost per ticket.
The unit rate/constant of proportionality between cost of tickets (y) and number of tickets (x) can be calculated using the coordinates of any points on the graph.
Using (4, 50), this means that 4 tickets cost $50.
Unit rate/constant of proportionality = y/x = 50/4 = 12.5
This means a ticket costs $12.5.
Therefore, 6 tickets would cost:
6 tickets × $12.5 = $75.
George's mom paid $75 for the tickets?
