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Answer:
Account 1 yields greater return.
Step-by-step explanation:
Lets solve for the first formula:
First, change 6.5% into a decimal:
6.5% -> -> 0.065
Now, plug in the values for Account 1:
<u>Now solve for Account 2:</u>
Change 6% into a decimal:
6% -> -> 0.06
Now plug in the values:
Account 1 yields better money after 10 years.
Answer:
$36.75
Step-by-step explanation:
The amount of interest payable is given by ...
I = Prt = $2100·0.07·(3/12) . . . . . . . . t is in years
I = $36.75
The bank earned $36.75 on the loan.
Answer:
Please see attached graph.
Step-by-step explanation:
The equations for straight lines are given as:
i) y = x +4
ii) y= x-4
Yon can form a table for values of x and y that are true for an equation and use these values as coordinates ( x,y ) to plot the graphs and view the lines to select the correct labels for the equations.
For i)
y= x+4
x y coordinates
-3 1 (-3,1 )
-2 2 (-2,2)
-1 3 (-1,3)
0 4 ( 0,4)
1 5 ( 1,5)
2 6 ( 2,6)
3 7 ( 3,7)
Plot the points on a graph tool and draw the line. Do the same for the second equation to view both graphs as shown in the attached graph.