Answer:
0.15x
Step-by-step explanation:
15% of anything is 15/100 or 0.15 of it. You find that value by multiplying the "anything" by 0.15.
Since we don't know the value of x, the best we can do is show that the number of interest is x multiplied by 0.15.
Answer:
y = -6/5x + 3
Step-by-step explanation:
y = mx + c (or b, depending on where you're from)
Slope = m = -6/5
y = -6/5x + c
You can sub (0, 3) and (5, -3) into y = -6/5x + c and they both have the same answer where c = 3
Therefore, the equation is y = -6/5x + 3
Hop this helps
With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
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