you have a savings account that offer an annual simple interest rate of 5%. You put $350 into the account. Draw a graph showing the total simple interest you earn after 1 ,2 ,3 and 4 years
add $17.50 a year i think
can you draw a graph please
I need this I was stuck here for HOURS
@jdoe0001 can you help please
\(\large {i=prt \\ \quad \\ p=principal\to 350\\ r=rate\to 5\%\to \frac{5}{100}\to 0.05\\ t=years\to \{x:1,2,3,4\} \\ \quad \\ i=350\cdot 0.05\cdot t\implies y=350\cdot 0.05\cdot {\color{red}{ x}} \\ \quad \\ \begin{array}{llll} x\qquad &y \\\hline\\ 1&y=350\cdot 0.05\cdot {\color{red}{ 1}}\\ 2&y=350\cdot 0.05\cdot {\color{red}{ 2}}\\ 3&y=350\cdot 0.05\cdot {\color{red}{ 3}}\\ 4&y=350\cdot 0.05\cdot {\color{red}{ 4}} \end{array} }\) get the "x" and "y" values and graph away
the first one was right
Join our real-time social learning platform and learn together with your friends!