Given:
principal = 7,000
interest rate = 5% compounded annually
term = 3 years
A = P (1 + r/n)^nt
A = future amount to be received by First Consumer Bank
P = loan principal
r = rate
n = number of times compounded in a year
t = term
A = 7,000 ( 1 + 5%/1)^1x3
A = 7,000 (1.05)³
A = 7,000 (1.157625)
A = 8,103.375
First Consumer Bank will receive 8,103.375 from Jane after lending 7,000 for 3 years compounded annually at 5%.
Answer:
y=
+ 
Step-by-step explanation:
Hope this helps. Plz give brainliest.
Answer:
The Jason's company charges more than the contractor's company.
Step-by-step explanation:
There are two expressions given for total charges for two companies as 81 x+108 and 103 x+64.
Here x represents number of hours.
We are asked to find difference in total charges if that takes 45 minutes.
45 minutes =
hours.
Plug in this value for x.
81x+108 =
Simplify it
60.75 +108 =168.75
Now, for 103x+64 =
Simplify it,
77.25+64=141.25
If we see the total charge for both companies for 45 minutes, the Jason's business computers charges more than contractor's company.
What you would do is you would take it and divide it.OK.and your answer would be 1/10.
5y+2x-3=0
5y=-2x+3
y=-2/5 x+3
Sope intercept of the line is y=-2/5 x+ 3/5.
The intercept is 3/5.
Check: x=0 when y=3/5
5y+2x-3=0
5(3/5)+2x-3
3+2x-3=0
2x=0
x=0
Correct
The answer is 3/5.