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AlexFokin [52]
3 years ago
6

Edward deposited ​$5,500 into a savings account 5 years ago. The simple interest rate is ​%2. How much money did earn in​ intere

st? What would be new account​ balance?
Mathematics
1 answer:
mixas84 [53]3 years ago
8 0

Answer:

6072.444

Step-by-step explanation:

x = 5,500(1+0.02)^5

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Answer:

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Step-by-step explanation:

Given

The information in the above table

Solving (a): The equation

To get the equation, we need to first calculate the slope (m)

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(x1,y1) = (7,1)

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Step-by-step explanation:

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