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29 votes
29 votes
Help, I've been stuck on these questions for an hour!

Explanations would be helpful, please!

Help, I've been stuck on these questions for an hour! Explanations would be helpful-example-1
User Fiodor
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2.4k points

1 Answer

21 votes
21 votes

Answer:

A. 3005

B. 3110

C. 1016.67

Explanation:

A. Inital means occuring at the beginning. So the month they got the account, the value is around 3005. Every tick mark on the y-axis represents 30.

B. Like I said, every tick mark represents 30, so on the x-axis, the line between 6 and 8 is 7. go up towards where the line is, and that equals 3110.

C. I really haven't learned about rate of interest yet, but I tried my best to figure it out. I found out that for every month, you get 1016.67 value of interest.

User Madhusudan Joshi
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3.1k points