Answer:
Step-by-step explanation:
No, it doesn’t have a positive slope because the negative sign in front 2 means that the slope is negative and going down. If the slope would’ve been positive than there wouldn’t have been a negative sign and it would go up.
That is an annuity and use the attached formula.
Total = 300 * [(1.055)^11 -1] / .055 -300
Total = 300 *
<span>
<span>
<span>
1.8020924036
</span>
</span>
</span>
-1 /.055 -300
Total = 300 *
<span>.8020924036 / .055 - 300
</span>Total = 300 *
<span>
<span>
<span>
14.5834982473
</span>
</span>
</span>
-300
Total =
<span>
<span>
<span>
4375.0494741818
</span>
</span>
</span>
-300
Total =
<span>4075.05
</span>
Answer:
m=1
Step-by-step explanation:
I don't think it is linear b/c i don't think you can plug in the numbers and get it to work. This may not be right though b/c I did this in my head.
The answer to your question is 3