(-2) 3 = please hurry
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I cant really show you how to graph this but i can try to explain it. you would make a 4 quadrant graph and do rise over run.
1)start by making the graph
2) on the line of the graph marked Y is where you would put -4
3) From -4, you would go up (rise) by 2 and go over to the right 1 where you end is the slop
1)start by making the graph
2) on the line of the graph marked Y is where you would put -4
3) From -4, you would go up (rise) by 2 and go over to the right 1 where you end is the slop
The maturity value of a loan of $2500 at the simple interest rate of 4.3% that is needed to be repaid in 8 months is $2607.50.
<h3>What is simple interest?</h3>Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
As it is given the principal amount of the loan is $2500, while the interest rate is 4.3%, therefore, after a period the interest on the loan will be,
Thus, the interest amount on the loan of $2500, is $107.5.
Now, in order to find the value of the loan we need to add the interest and the principal amount of the loan together. Therefore, the value of the loan can be written as,
The value of the loan = Principal Amount + Interest rate
= $2500 + $107.5
= $2607.50
Hence, the maturity value of a loan of $2500 at the simple interest rate of 4.3% that is needed to be repaid in 8 months is $2607.50.
Learn more about Simple Interest: