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omeli [17]
2 years ago
15

Find the compound interest on 30,000 for 2years at 7 percent per annum​

Mathematics
1 answer:
hjlf2 years ago
7 0

Answer:

34347

Step-by-step explanation:

Use the formula s=p(1+r/k)^kt

p=30000

r=7% (interest)

k=1 (because of per annum)

t= 2 (years)

Hence: 30000(1+0.07/1)^1(2) = 34347

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Answer:

The euation of the linear function is:

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Step-by-step explanation:

As the function has the values

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Thus, the two points are:

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Finding the slope between (5, -1) and (0, -1)

\mathrm{Slope}=\frac{y_2-y_1}{x_2-x_1}

\left(x_1,\:y_1\right)=\left(5,\:-1\right),\:\left(x_2,\:y_2\right)=\left(0,\:-1\right)

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We know that the slope-intercept form of the line equation is

y=mx+b

where m is the slope and b is the y-intercept

We also know that the y-intercept can be computed by setting x=0 and finding the corresponding value of y.

so at x = 0, y = -1

Thus, the y-intercept 'b' = -1

Now, substituting m = 0 and b = -1 in the slope-intercept form of the line equation

y = mx+b

y = 0x + -1

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Answer:

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