Answer:
I believe its c.
Step-by-step explanation:
There using the equation mx+b=y. M is the slope(4), b is the y intercept (3).
A system of two equations can be classified as follows: If the slopes are the same but the y-intercepts are different, the system has no solution. If the slopes are different, the system has one solution. If the slopes are the same and the y-intercepts are the same, the system has infinitely many solutions.
Answer:
$8,355.555
Step-by-step explanation:
Hello,
This question relates to compound interest and to solve it, we'll need to use the right formula.
C.P = P(1 + r/n)^nt
C.P = compound interest
P = principal
R = rate
N = number of times compounded
T = time
C.P = $47,000
P = ?
R = 5% = 0.05
N = 4
T = 35 years
Substituting the variables into the equation,
47,000 = P (1 + 0.05 / 4) ^ (4 × 35)
47,000 = P (1.0125) ^ 140
47,000 = P × 5.625
Divide both sides by 5.625 and solve for P
P = 47,000 / 5.625
P = $8,355.555
The initial investment was $8,355.555
What's the question tho? and I guess for 1 hour you would get $12.30
