At the end of each year, the amount is (1 + 11%) = 1.11 times the amount at the beginning of the year. When that multiplier is applied 5 times, the result is
$30 * 1.11^5 ≈ $50.55
Answer:
y = 3
Step-by-step explanation:
(5y - 3)/4 + 6 = 3y
5y - 3 + 24 = 12y
7y = 21
y = 3
Check.
(5*3 - 3)/4 + 6 = 3*3
(15 - 3)/4 + 6 = 9
12/4 + 6 = 9
3 + 6 = 9
9 = 9
We know that the slope formula is m = (y1 - y2)/(x1 - x2)
Your points are: (3, 7) and (4, -8)
In this case,
x1 = 3
x2 = 4
y1 = 7
y2 = -8
Now, just plug in the numbers:
m = (7 - -8)/(3-4)
m = 15/-1
m = -15
Your slope is -15.