You $5,000 in a simple interest bearing account. If the annual interest rate is 3.5% , what will your account balance be in 10 years if you do not make any additional deposits

Therefore my account balance will be in 10 year=$6,750

Step-by-step explanation:

Simple interest: Simple interest is calculated on the same principal each year.

I= simple interest.

r = rate of interest per annum.

t= time

Compound interest: The principal is not same each year. The principal will change from the second year.

The principal of 2nd year = Principal+ interest of 1st year.

The principal of 3rd year = Principal of 2nd year+ interest of 2nd year.

and so on

The Amount  

Here P= $5,000

r=3.5%

and t=10 years

 =$1750

Therefore my account balance will be in 10 year=$(5,000+1750)=$6,750.

Answer with explanation:

The table is

 xy

15

417

521

729

937

→→Ratio of Difference between y value and x value or slope which is equivalent to back statement is

Slope between two points is same.So, the following points represents straight lie.

Equation of line is given by

Option A: y=4 x+1