$30,000 is invested for 15 years with an APR of 4.5% and daily compounding.
1 answer:
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Answer:
<em>Good Luck!</em>
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Step-by-step explanation:
For this case we have that by definition, the equation of a line in the slope-intersection form is given by:
Where:
m: Is the slope
b: Is the cut-off point with the y axis
According to the data of the statement we have to:
Then, the equation is of the form:
We substitute the pointand find "b":
Finally, the equation is:
To graph we place the points and
on the coordinate axis and join the points by a line.
ANswer:
The graphic is attached.
