What is the slope of the line described by the equation below?
2 answers:
Answer: D.10
Step-by-step explanation:
The given equation of line :
, which is in intercept form.
We know that the general equation of a line in intercept formis given by :-
, where m is the slope of line. ..(1)
As compare the given equation to equation (1), we get
The slope of the line described by the equation = 10
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Answer:
$2,226.96
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
<em />
First, change 10% into its decimal form:
10% -> -> 0.1
Now lets plug in the values into the equation:
The final amount after 15 years is $2,226.96