Tetsuo's savings account has a balance of $1192. after 22 years, what will the amount of interest be at 1.5% compounded annually?

Compounded interest formula

A=final amount
P=principal
t=time in years
r=rate in decimal

P=1192
t=22
r=1.5%=0.015



calculator
A=1653.975
round to nearest cent
A=$1653.98

the amount of interest=A-P=1953.98-1192=761.98

interest earned will be $761.98

I’m going to infer you said parallel.solve for yy= -1/2x+7/4lines that are parallel have the same slope, different y intercept.so we know m is -1/2then from there solve for y intercept.