Answer:
y = 4/6x - 4
Step-by-step explanation:
y = mx + b, m = slope and b = y intercept
Rise over run
Rise = +4
Run = +6
This means the slope is 4/6.
The y intercept is at -4.
Now, plug in the numbers for y = mx + b
y = 4/6x - 4
Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
Answer:
no
Step-by-step explanation:
Answer:
could you say the whole question?
Step-by-step explanation:
thanks alot
Answer:
y = x - 13
Step-by-step explanation:
Given parameters:
Slope of the line = 1
Coordinate = (18, 15)
Unknown:
Equation of the line in slope-intercept format = ?
Solution:
The equation of a line is expressed as;
y = mx + c
where y and x are the coordinates
m is the slope
c is the y-intercept
Now, sine x = 18 and y = 5, let us find c;
5 = 1(18) + c
5 = 18 + c
c = -13;
The equation of the line is;
y = 1(x) + (-13)
y = x - 13