Casey has a loan for $400 at a rate of 13% annually. if the interest is not compounded, how much interest will he pay in 3 years?
a) $15.60
b) $52.00
c) $156.00
d) $556.00

need

$156.00

Step-by-step explanation:

i = prt = (400)(0.13)(3) = 156

Use the formula i = prt, where

p = principal or starting amount

r = interest rate expressed as a decimal

t = time in years

options a,b,c are the right answer.

step-by-step explanation:

a linear parent function is always represented as y = x

if we write this function in the form of y=mx+c

⇒

or  

now if we plot a graph we will find these characteristics:

1) y intercept of the graph is zero so its a straight line passing through origin.

2) as we can see in both the forms of function written, values of x and y may be either positive or negative for the positive slope means points on the graph are either in first quadrant or in third one.

3) it's slope is one.