Answer:
The answer to the question provided is -62.
Answer:
<em>Correct choice: b. $1221.00</em>
Step-by-step explanation:
<u>Compound Interest</u>
It occurs when the interest is reinvested on each compounding period. When it happens interest in the next period is then earned on the principal sum plus previously accumulated interest.
The formula is:
Where:
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
The initial deposit on a savings account is P = $1000. The account provides an annual rate of r = 4% = 0.04 compounded monthly. The value of n is 12 since there are 12 months in a year. The money is left in the account for t=5 years. Substituting the values:
A = $1221
Correct choice: b. $1221.00
Answer:
One solution, A) (2 , -1)
Step-by-step explanation:
The solution is where the two lines intersect. If the lines do not intersect, it is no solution. If the line intersects once (like in the picture), it has one solution. If it intersects more than once (x), then it will have x amount of solutions.
In this case, the intersection is at (2 , -1), therefore, A) (2 , -1) is your answer.
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Answer:
HERE FOR POINTS SORRY
Step-by-step explanation:
Answer:
3 - 6 = -3(1 - 0)
Step-by-step explanation:
To write an equation of point-slope from two points, first you need the slope.
To find slope, find the change in y over the change in x.
- (0,6) y = 6 and x = 0
- (1,3) y = 3 and x = 1
The change in y over change is x means (y2 - y1) / (x2 - x1)
change in y: -3
change in x: 1
slope = -3/1 or -3
Now that we have slope we can start the point-slope equation.
Point-slope equation: y2 - y1 = m(x2 -x1)
[<em>m</em><em> </em>means slope]
Finally, the point slope equation for these points is: 3 - 6 = -3(1 - 0)
