How far away from zero on the y-axis is the point (2, 5)?
1 answer:
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Answer:
$14,048.62
Step-by-step explanation:
The interest is 9% per year and compounded 3 times a year, so each compound will be 9%/3 = 3%
The time elapsed will be 15 years and the interest compounded 3 times a year, so the number of compounds happens will be = 15 years* 3 compounds/year= 45x compound.
So basically the money will get 3% interest 45 times. To put into the compounding interest formula, the final account balance will be:
A = P (1 + [ r / n ]) ^ nt
A= amount of the balance after a period of t
P= principal, the initial money deposit( $3,715)
r= rate(9%)
n= number of compound per unit of time(3 times per year)
t= time(15 years)
The calculation will be:
A = P (1 + [ r / n ]) ^ nt
A =
A = $14,048.62
Answer:
Option (2)
Step-by-step explanation:
Let the equation of the line is,
y - y' = m(x - x')
where (x', y') is a point lying on the given line.
And m = slope of the line =
Line given in the graph passes through two points (-5, -1) and (-2, -3).
Slope of the line 'm' =
=
Therefore, equation of the line passing through(-5, -1) and slope of the line = will be,
y - (-1) =
Option (2) will be the answer.