Answer:
The interest After 6 years is $ 79.03
Step-by-step explanation:
Given as :
The principal amount deposited in account = $ 700
The rate interest earn = 1.8 % per year
The Time period = 6 years
<u>From Compounded Method </u>
Amount = Principal ×
Or, Amount = $ 700 ×
Or, Amount = $ 700 ×
Or, Amount = $ 700 × 1.1129
∴ Amount = $ 779.03
Now , Interest = Amount - Principal
I.e Interest = $ 779.03 - $ 700 = $ 79.03
Hence The interest After 6 years is $ 79.03 , Answer
Answer:
(0, 22)
Step-by-step explanation:
So you have the equation:
So first let's define what the "y-intercept" is. The y-intercept, of a line is like the name implies, when the line intercepts or "passes" the y-axis. And if you were to take any point on the y-axis, the y-value may vary, but there is one value that doesn't change, and that's the x-value. the x-value is always going to be zero, no matter where you are on the y-axis. So to find the y-intercept simple plug 0 in as x. This gives you the equation:
So the y-intercept is at (0, 22)