Answer:
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Step-by-step explanation:
Answer:
Assuming you want an equation, y = -4/3x - 1
Step-by-step explanation:
Formula is y = mx + b
m = slope= -4/3
b = y-intercept = -1
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Finding the perimetre: 7x+4x-3+x=12x-3
Good luck!
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