You just simply the answer
Answer:
Step-by-step explanation:
so we are looking for the x intercept (where the line crosses the x axis).
to do this, we sub in 0 for y and solve for x.
y = 1/2x + 4....sub in 0 for y
0 = 1/2x + 4
-1/2x = 4
x = 4 * -2
x = -8 <=== so it crosses the x axis at (-8,0)
Answer:
Step-by-step explanation:
Y-intercept is -2.
Using slope formula, 2-(-2)/2-0 = 4/2 = 2 = slope.
Plugging into slope-intercept form:
y=mx+b => y=2x-2
Answer:
The answer is the IRA
Step-by-step explanation:
If he takes out 2% from each account, the highest penalty will be for the IRA account which is, 6% of 62,000 is $3,720. He will also take 2% of that 62,000 which will be $1,240. The total will be $4,960.
For the 401k account the withdrawal is $1,500 and the penalty is $3,000. That is $460 less than the IRA account.
I hope this answer helps.