The equation says
A=p(1+r)^t
A=103(1+0.02)^t
So the interest rate is
0.02*100=2%
Answer:
<h2>The slope m = 2</h2>
Step-by-step explanation:
The slope-intercept form of an equation of a line:
<em>y = mx + b</em>
<em>m</em><em> - slope</em>
<em>b</em><em> - y-intercept</em>
<em />
We have the equation:
<em>y = 2x - 1 → m = 2, b = -1</em>
Part A) About 19/100
Part B) About 4/25
Part C) About 7/20
Part D) About 13/20
Answer: $272,500
I hit this by first doing the step by step things and then adding all of them up.
