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Liono4ka [1.6K]
4 years ago
9

What is 2x + y = 24 in slope - intercept form (y = mx + b)?

Mathematics
1 answer:
julia-pushkina [17]4 years ago
3 0
Y=-2x+24 is the answer
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The nominal rate on Sarah’s loan is 7. 250%. If the interest is compounded monthly, what rate of interest is Sarah actually pa
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The correct statement is that Sarah is paying interest compounded monthly at the rate of 7.496%.. So, the correct option from the above statement is B.  

Compound interest can be calculated by the way of applying the values to the formula given in the information.  

<h3>Compound Interest</h3><h3 />
  • Compound interest is best defined with the terms as interest given on accrued interest or the accumulated interest in addition to the interest on the principalprincipal amount.

  • The formula to calculate Compounded interest is as below,

  • \rm Compounded\ Interest = 10000(1+ \dfrac {0.0725}{12})^1^2\\\\\\\rm Compounded\ Interest =10000(1+0.006)^1^2\\\\\\\rm Compounded\ Interest =10749.58\\

  • The interest to be paid is calculated as $749.58 assuming that the principal was $10000 and the time for such loan was 1 year in the absence of information.

 

  •  Calculating further, we can find that the effective rate of interest on such a loan is at the rate of 7.496%, which is rounded off to the nearest three decimal places.

Hence, the correct option is B that the actual interest paid by Sarah at the rate of 7.250% for the period of 1 year will be effectively 7.496%

 

To know more about compound interest, click the link below.

brainly.com/question/25857212

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2. y = 7

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Slope 0 is when the line is horizontal.. has a constant coordinate

(-5,7) lies on the line so the x-coordinate is 7

Equation: y = 7

A vertical line has all same x-coordinates.

Since (4,-2) is on the line, every point had x-coordinate of 4.

Equation: x = 5

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