What number is in between 10 and 16?
2 answers:
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Answer:
The amount after 3 years of investment is $20763 .
Step-by-step explanation:
Given as :
The principal invested = p =$15,000
The rate of interest = r = 3% compounded annually
The time period = t = 11 years
Let The Amount after 3 years = $ A
<u>From Compounded method</u>
Amount = Principal ×
Or, A = p ×
Or, A = $15,000 ×
Or, A = $15,000 ×
Or, A = $15,000 × 1.3842
Or, A = $20763
So, Amount = A = $20763
Hence The amount after 3 years of investment is $20763 . Answer
Answer:
2y = x + 2
Step-by-step explanation:
Looking at the graph, we can see from one point to the next (from right to left), the x-value rises by 2 and the y-value by 1;
From this we can work out the gradient between two points using the formula, i.e. the change/difference in y divided by the change/difference in x:
Joining the points gives a straight line, which means a constant gradient of ¹/₂
Use the line equation formula to get the function:
y - y₁ = m(x - x₁)
m = ¹/₂
x₁ = 0
y₁ = 1
y - 1 = ¹/₂.(x - 0)
y - 1 = ¹/₂.x
2y - 2 = x
2y = x + 2