<em><u>Question:</u></em>
Juan Invest $3700 In A Simple Interest Account At A Rate Of 4% For 15 Years. How Much Money Will Be In The Account After 15 Years?
<em><u>Answer:</u></em>
There will be $ 5920 in account after 15 years
<em><u>Solution:</u></em>
<em><u>The simple interest is given by formula:</u></em>

Where,
p is the principal
n is number of years
r is rate of interest
From given,
p = 3700
r = 4 %
t = 15 years
Therefore,

<em><u>How Much Money Will Be In The Account After 15 Years?</u></em>
Total money = principal + simple interest
Total money = 3700 + 2220
Total money = 5920
Thus there will be $ 5920 in account after 15 years
Answer:
y = 2/3x + 2
Step-by-step explanation:
Slope intercept form is y=mx+b where m is the slope and b is the y intercept.
Given 2 points you can find the slope using (y-y1)/(x-x1)
m = (-2-4)/(-6-3) = -6/-9 = 2/3
To find b use one of the points and m and plug into the slope intercept form and then solve for b.
y=mx+b
4=2/3(3) + b
4=2 + b
b=2
Now we can write the final equation as : (plug m and b back in)
y = 2/3x + 2
Answer:
80%
Step-by-step explanation:
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