Mr. Clopu buys an 18-month CD that pays 434% simple interest for $5,000. Find the value of the CD at the end of its term.

FV= $5,325.8

Step-by-step explanation:

Giving the following information:

Mr. Clopu buys an 18-month CD that pays 4.34% simple interest for $5,000.

To calculate the future value, we need to use the following formula:

FV= (P*r*t) + P

P= $5,000

r= 0.0434/12= 0.00362

t= 18

FV= [(5,000*0.00362)*18] + 5,000

FV= $5,325.8

y = 3x+4

step-by-step explanation:

to find the slope

slope = (y2-y1)/ (x2-x1)

    = (-8-4)/ (-4-0)

    = -12/-4

  = 3

using the slope intercept form of a line

y= mx+b

we know the slope is 3

we know the y intercept is 4 ( the point where it crosses the y axis or x=0)

y = 3x+4