Im guessing by my predicition that it will be 0.11 that will continue
It is y = 3x + 2, which means the y-intercept is 2. :)
A=future amount
P=present amount
r=rate in decimal
n=number of times per year compounded
t=time in years
given
P=455
r=4%=0.04
n=1
t=2
A=492.128
round
$492.13
3rd option
For this case we must find the slope of the following equation:
By definition, the point-slope equation of a line is given by:
Where:
: It is a point through which the line passes
m: It's the slope
So, the slope of the given equation is:
Answer:
Option D
A. First, divide 1675 by 100 to find 1% of it.
1675 / 100 = 16.75
Then, multiply 16.75 by 4.6 to get 4.6%.
16.75 x 4.6 = 77.05
77.05 is the interest for one year.
Multiply it by 4 to get the interest for 4 years.
77.05 x 4 = 308.20
The interest earned is $308.20.
B. Add the interest to the original balance to get the total.
308.20 + 1675 = 1983.20
The balance of the account is $1983.20 after 4 years.
Hope this help!
