anonymous
  • anonymous
really simple interest question!! Lily deposited $19 in a savings account that earns 1.3% simple interest. Which graph represents this scenario?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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anonymous
  • anonymous
http://assets.openstudy.com/updates/attachments/5435a60fe4b09f2026ebfa1c-gabylovesu-1412802165561-screenshot20141008at5.03.29pm.png
anonymous
  • anonymous
http://assets.openstudy.com/updates/attachments/5435a60fe4b09f2026ebfa1c-gabylovesu-1412802165748-screenshot20141008at5.03.22pm.png
anonymous
  • anonymous
@ganeshie8 can you explain really quick?

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anonymous
  • anonymous
I think it is the 3rd option. the first graph in the second picture
nevermind_justschool
  • nevermind_justschool
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!
anonymous
  • anonymous
i got nothing, wish i could help but I'm not the greatest at math
anonymous
  • anonymous
hahah well thanks for trying!
k_lynn
  • k_lynn
@mathmate @mathstudent55 could probably help
anonymous
  • anonymous
okay, thanks!
mathmate
  • mathmate
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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