Steve will earn $160 interest after four years ⇒ 1st answer
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the initial deposit
- r is the annual rate in decimal
- t is the time of investment
∵ Steve opens a bank account with a simple annual interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ His initial deposit is $800
∵ He will put the money for four years
∴ t = 4
- Substitute all these values in the formula above
∵ I = 800(0.05)(4)
∴ I = 160
Steve will earn $160 interest after four years
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Convenience sampling
Step-by-step explanation:
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C. -7x
Step-by-step explanation:
Only one of the offered choices passes the horizontal line test: at most one point of intersection with any horizontal line.
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A: a parabola opening upward, so will have two points of intersection with a general horizontal line (only one at the vertex).
B: a horizontal line, so will have an infinite number of points of intersection with a horizontal line.
D. A "V-shaped" graph that will generally have two points of intersection with a horizontal line (only one at the vertex).