kace04
07.07.2019 •
Mathematics
Madison deposited $18 in a savings account that earns 2.5% simple interest. which graph represent this scenario
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Ответ:
Please find the attachment for the required graph.
Step-by-step explanation:
We have been given that Madison deposited $18 in a savings account that earns 2.5% simple interest.
The graph of the given situation would be a linear function.
We know that simple interest formula is in form
, where,
A = Final amount,
P = Principal amount,
r = Interest rate in decimal form,
t = Time in years.
Let us convert given interest rate in decimal form.
Substitute the given values in above formula:
The equation representing the given scenario would be
.
Ответ:
18
Step-by-step explanation: