Lori gets an offer from another bank that is also paying 6% on CD’s, but is compounding interest daily. How much will the $1500 CD be worth in:

18 months?

33 months?

110.4 months?

Step-by-step explanation:

Take 1 year to be equivalent to 365 days.

-Given the rate is 6% compounded daily, we find the effective annual rate and use the new rate in our calculations:

#Now use the new rate of 6.183% to calculate our compounded amount using the compound interest formula:

the equation for this situation is y=122+45. to solve the equation you would add 45 and 122 to get a total of 167lbs. in conclusion, grace's weight eight weeks ago was 167lbs.  

y = 5x + 17

step-by-step explanation:

a perpendicular line will be the opposite reciprocal slope of the given equation.   the slope given is -1/5 so the opposite reciprocal is 5

find b:

7 = 5 (-2) + b

7 = -10 + b

17 = b

write equation

y = 5x + 17