Answer:
2468.11 dollars
Step-by-step explanation:
Amount that should be available after four years =3000 $
Interest rate = 5%
No of years =4
Let P be the principal invested
Then
Hence 2468.11 dollars should be deposited to get 3000 dollars after 4 years at 5% interest.
Answer:
Step-by-step explanation:
You'll need to get this equation in slope-intercept form by solving for y. I do a little extra here to get it in the correct form, but I think it's pretty clear. Let me know if I need to clarify.
Once it's in slope-intercept form, both the slope and the y-intercept are readily available so you can easily graph it. I graphed both of them in the attached image so you can see that they are the same line.
