Answer:
<u>The slope-intercept form </u>
Here m is the slope and b is y-intercept
<u>When b= 0</u>
and
In this case Avery's method works
<u>When b≠0</u>
In this case Avery's method brings wrong outcome
Answer:
B. Both functions are increasing, but function f is increasing faster.
Answer:
Step-by-step explanation:
y=2/3x-3
The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
