Hi there!
To derive an equation given the points, we can use the slope formula:
Plug in the corresponding coordinates:
Simplify:
Therefore, we have:
y = -4x + b
Plug in the x and y values for a coordinate to solve for b:
2 = -4(1) + b
2 = -4 + b
b = 6
The equation is:
y = -4x + 6. The correct answer is D.
Answer:
D.A(n) = 250 + (n – 1)(0.03 • 250); $347.50
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above