Find the balance in the account with a principal of $4,100 earning 5% compounded monthly after 24 years.
1 answer:
You might be interested in
She made (?) out of 5 free throws, making the fraction
, which is the solution.
Answer:
y=9.75x+60
Step-by-step explanation:
We want our equation to look like y=mx+b
Let's start out by calculating the slope
we have
y=9.75x+b
we know that when x= 3 y= 89.25
89.25=9.75(3)+b
solve for b = 60