Help please middle school question will give brainlist
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Answer:
Step-by-step explanation:
<u>Using mental math to find the slope of the line:</u>
If you think about the formula, then you set up the points in your head, you will notice that the first point is on top of the second point. And that way makes it easy to simplify. All you would need to do is subtract down in your head: For example:
(0, 0)
(4, 8)
As you can see, the first point is on top of the other, and that way you can just subtract from bottom to top. If you do it that way, it is set up (Remember, you would do this all in your head)
The interest rate will be equal to 24% in 2 years.
<h3>What is compound interest?</h3>Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
Given that:-
- Find the interest rate if $32 increased to $50 in 2 years.
The interest rate will be calculated by using the following formula:-
1.56 = ( 1 + r )²
√1.56 = ( 1 + r )
r = 1.24 - 1
r = 0.24
r = 24%
Therefore interest rate will be equal to 24% in 2 years.
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