Jeremiah currently has an account balance of $1624.35. his initial deposit on the account was $975 and it earned 3.7% simple interest. how long has jeremiah held the account

Current Account Balance = $1,624.35

Initial Deposit = $975

Interest Rate (Simple) = 3.7% simple interest

Interest Earned = Current Account Balance - Initial Deposit

⇒ Interest Earned = $1,624.35 - $975

⇒ Interest Earned = $649.35

Now the Formula for Simple Interest is:

Simple Interest = ×, where P is the initial deposit, R is the rate of interest and T is the time period

⇒ 649.35 =

⇒ T =

⇒ T = 18

Hence, Jeremiah has had the account for 18 years.

5/12, or 5: 12

step-by-step explanation:

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is