Math Mastery: Linear Inequalities, Lines, and Interest Quiz

Which of the following represents a linear inequality?

If two lines are parallel, what is true about their slopes?

• Their slopes are reciprocal.

• Their slopes are equal.

• Their slopes are negative reciprocals.

• One slope is the square of the other.

Calculate the simple interest on a loan of $1000 at an annual interest rate of 5% over 3 years.

What is the compound interest on $2000 invested for 2 years at an annual interest rate of 4%, compounded annually?

What is the compound interest on $5000 invested for 3 years at an annual interest rate of 6%, compounded quarterly?