Answer:
12 years if interest is paid yearly
12 months if interest is paid monthly
Step-by-step explanation:
2.75% of $1500 is $41.25 interest per period
$1995-$1500 = $495 total interest
$495 ÷ $41.25 = 12 periods
Therefore it takes 12 interest periods to reach $1995, so the answer is 12 months or 12 years depending on how often interest is paid.
Solution:
<u>Note that:</u>
- Slope = m = 4
- Given point: (x₁,y₁) = (1,1) [x₁ = 1; y₁ = 1]
- Formula: y - y₁ = m(x - x₁)
<u>Use the formula to convert the line in point slope form.</u>
- y - y₁ = m(x - x₁)
- y - 1 = 4(x - 1)
The equation of the line (In point slope form) is y - 1 = 4(x - 1).
Answer:
672
Step-by-step explanation:
V=LWH
V=12*7*8
V=672