Which of the following scatterplots would have a trend line with a positive slope?
1 answer:
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<h3>Answer: 4745.96 dollars</h3>
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Explanation:
We have this given info
- P = 4000 = principal
- r = 0.057 = annual interest rate in decimal form
- t = 3 = number of years
Use this to plug into the formula below
You'll need your calculator, and the calculator needs the "e" button.
The "e" refers to the special constant 2.718... which is similar to pi = 3.14...