Answer:
11
Step-by-step explanation:
Firstly find two coordinates that lie on the line, we have (0,6) and (8,10).
Slope= (y2-y1)/(x2-x1)
= (10-6)/(8-0)
= 4/8
= 1/2
The answer is B
Answer:
$1,519
Step-by-step explanation:
Given that :
Balance = principal = $520
Time (t) = 6 years
Annual. Interest rate (r) = 18% = 0.18
Using the compound interest formula:
A = P(1 + r/n)^nt
n = number of times interest is applied per period ; A = final amount
Since interest is compounded monthly, n = 12
A = 520(1 + 0.18/12)^(12 * 6)
A = 520(1 + 0.015)^72
A = 520(1.015)^72
A = 520(2.9211579)
A = 1519.0021
Hence, final amount = $1519
Poorly formulated question. Please provide a question as I am confused what you are asking.
1060 / 48 = 22.08 = 22.1
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