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Mathematics 10 Online
OpenStudy (fluttershyk):

@KamiBug sorry it took so long to post You have a savings account that offers an annual simple interest rate of 5%. You put $350 into the account. select the graph showing the total interest you earn after 1, 2, 3, and 4 years.

OpenStudy (fluttershyk):

OpenStudy (kamibug):

First let's calculate how much you'd earn after only one year. You can do that by multiplying 350 and 5% 350 * 0.05 = ?

OpenStudy (fluttershyk):

@KamiBug 17.5

OpenStudy (kamibug):

Right. So, which of the graphs shows the point (1, 17.5) ?

OpenStudy (fluttershyk):

I think its the 3rd one

OpenStudy (fluttershyk):

@KamiBug

OpenStudy (kamibug):

Notice the third one actually goes a bit above 25 ...

OpenStudy (fluttershyk):

oh then its probably the second one @KamiBug

OpenStudy (kamibug):

Yes, good job. :)

OpenStudy (fluttershyk):

@KamiBug want to help with more i have to answer 4 more

OpenStudy (kamibug):

Okay:)

OpenStudy (fluttershyk):

@KamiBug ok ill close this question and tag you in the new one I post

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