Marco earns $16 an hour plus $21 an hour for every hour of overtime. Overtime hours are any hours more than 35 hours for the wee
1 answer:
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Answer:
The equation of the line is:
Step-by-step explanation:
We know that the slope-intercept of line equation is
Where m is the slope and b is the y-intercept
Given the two points on a line
- (0, 3)
- (-2, -5)
Finding the slope between (0, 3) and (-2, -5)
We know that the y-intercept can be computed by setting x=0 and determining the corresponding y-value.
From the graph, it is clear:
at x = 0, y = 3
Thus, y-intercept = b = 3
Substituting m = 4 and b = 3 in the slope-intercept form of line equation
Therefore, the equation of the line is:
Answer:
$1,229.75
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 3.25% into a decimal:
3.25% -> -> 0.0325
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
Lastly, subtract A from P to get the interest earned: