You have to take the amount of money payed, which in this case is 45.50, and divide it with 7.
<em>Answer</em>
$518,000
<em>Step-by-step explanation</em>
An employee earns $56,000 in the first year.
Given that every year, the annual salary increases by $2,500, then in the second year the employee will earn $56,000 + $2,500, in the third year, the employee will earn $56,000 + 2x$2,500, and so on.
Answer:
Equation = y = -4x+7
See the graph below
Step-by-step explanation:
The equation of the line in slope intercept form is expressed as;
y = mx+c
Given
slope m = -4
y-intercept c = 7
Substitute
y = -4x + 7
Get the x intercept.
at y = 0
0 = -4x + 7
4x = 7
x = 7/4
x = 1.75
The x coordinate (1.75, 0)
Get the y intercept
at x = 0;
y = -4(0)+7
y = 0+7
y = 7
The y coordinate is (0, 7)