Answer:
$1,229.75
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 3.25% into a decimal:
3.25% -> -> 0.0325
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
Lastly, subtract A from P to get the interest earned:
An explanatory variable is a type of independent variable. A response variable is a type of dependent variable. An explanatory variable is used to predict or explain differences in the response variable.
The first coordinate corresponds to independent variable and the second coordinate corresponds to dependent variable.
Since independent variable takes value 5 and dependent variable takes value 15, then the point (5,15) would be the point when plotted on a scatterplot.
Answer: correct choice D
Answer:5.00 + .60 + .07 that is your answer
Step-by-step explanation:
Answer:
(a)
(b)
Step-by-step explanation:
It is given that
(a) We have given equation
(b)