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anonymous

  • one year ago

really simple interest question!! Lily deposited $19 in a savings account that earns 1.3% simple interest. Which graph represents this scenario?

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  1. anonymous
    • one year ago
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    @ganeshie8 can you explain really quick?

  2. anonymous
    • one year ago
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    I think it is the 3rd option. the first graph in the second picture

  3. nevermind_justschool
    • one year ago
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    Dang it, I wish I could help but I'm not allowed to go to unknown sites. Plus, I'm not very good at interest. Sorry! Good luck to ya!

  4. anonymous
    • one year ago
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    i got nothing, wish i could help but I'm not the greatest at math

  5. anonymous
    • one year ago
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    hahah well thanks for trying!

  6. k_lynn
    • one year ago
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    @mathmate @mathstudent55 could probably help

  7. anonymous
    • one year ago
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    okay, thanks!

  8. mathmate
    • one year ago
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    hint: the total amount (balance) after x years with a principal of $19 and with simple interest of 1.3% is given by: balance(x) = 19(1+0.013x) Calculate for two values of x (for example x=0, balance = 19(1+0)=$19 and choose the graph that fits both points.

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