Answer:
$9.60
Step-by-step explanation:
The question above is a simple interest question.
The formula for the amount of money after a given period of time using simple interest is given as:
A = P(1 + rt)
Where
P = Initial Amount saved or invested = $8
R = Interest rate = 5%
t = Time in years = 4
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 8(1 + (0.05 × 4)) = 9.6
A = $9.60
The amount of money that will be in a bank account after 4 years is $9.60
Do the division
(5.685 * 10^26) / (3.302*10^23)
= 1.722 * 10^3
or 1722 times greater
Answer: Yes, this is true but it can be a different answer.
Answer:
$500 invested at 3%
$1300 invested at 6%
Step-by-step explanation:
Answer:
y = -
x + 6
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + b ( m is the slope and b the y- intercept )
Calculate m using the slope formula
m = 
with (x₁, y₁ ) = (0, 6) and (x₂, y₂ ) = (4, 0) ← 2 points on the line
m =
=
= - 
Since the line crosses the y- axis at (0, 6) ⇒ b = 6
y = -
x + 6 ← equation of line