Answer:
The loan was for 9 months only
Step-by-step explanation:
In this question, we are concerned with calculating the time taken for a loan om an interest to be paid back
To calculate this, we use the simple interest formula
Mathematically;
I = PRT/100
where P is the principal which is the amount borrowed and that is $500 according to the question
R is the rate which is 8% according to the question
Interest can be calculated by subtracting the principal from the amount paid back = 530-500 = 30$
We now plug these values into the equation
30 = (500 × 8× T)/100
100 × 30 = 4000T
T = 3000/4000
T = 0.75 (same as 0.75 × 12 months = 9 months)
It's a little hard to see, but I'm almost positive the y intercept is -1.
Remember, the y intercept is wherever the line intercepts in the y axis 0.
Good luck my man.
Answer:
x = -1
Step-by-step explanation:
Because the line passes through two points that both have the same x value, this means the line is vertical, and the slope is undefined.
So the equation of the line is x = -1.
Who is Wharton. I don’t get it is it a convo
