Create an equation from this table.
1 answer:
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Answer:
y=x-2
Step-by-step explanation:
Slope intercept form is a way to describe a function using its slope and y-intercept and is written as y=mx+b.
m=slope
b=y-intercept
Looking at the graph we can see it goes through x=0 at y=-2 making -2 the y-intercept.
Then we must solve for slope, slope is rise/run. From the point (0,-2) the function travels to (7,0).
This gives us a rise (change in x) of 2 and a run (change in y) of 7 and 2/7 as our slope.
Hmm if I'm not mistaken, is just an "ordinary" annuity, thus
![\bf \qquad \qquad \textit{Future Value of an ordinary annuity} \\\\ A=pymnt\left[ \cfrac{\left( 1+\frac{r}{n} \right)^{nt}-1}{\frac{r}{n}} \right] \\\\\\](https://tex.z-dn.net/?f=%5Cbf%20%5Cqquad%20%5Cqquad%20%5Ctextit%7BFuture%20Value%20of%20an%20ordinary%20annuity%7D%0A%5C%5C%5C%5C%0AA%3Dpymnt%5Cleft%5B%20%5Ccfrac%7B%5Cleft%28%201%2B%5Cfrac%7Br%7D%7Bn%7D%20%5Cright%29%5E%7Bnt%7D-1%7D%7B%5Cfrac%7Br%7D%7Bn%7D%7D%20%5Cright%5D%0A%5C%5C%5C%5C%5C%5C)
![\bf \begin{cases} A= \begin{array}{llll} \textit{original amount}\\ \textit{already compounded} \end{array} & \begin{array}{llll} \end{array}\\ pymnt=\textit{periodic payments}\to &400\\ r=rate\to 10\%\to \frac{10}{100}\to &0.1\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, so once} \end{array}\to &1\\ t=years\to &14 \end{cases} \\\\\\ A=400\left[ \cfrac{\left( 1+\frac{0.1}{1} \right)^{1\cdot 14}-1}{\frac{0.1}{1}} \right] ](https://tex.z-dn.net/?f=%5Cbf%20%5Cbegin%7Bcases%7D%0AA%3D%0A%5Cbegin%7Barray%7D%7Bllll%7D%0A%5Ctextit%7Boriginal%20amount%7D%5C%5C%0A%5Ctextit%7Balready%20compounded%7D%0A%5Cend%7Barray%7D%20%26%0A%5Cbegin%7Barray%7D%7Bllll%7D%0A%0A%5Cend%7Barray%7D%5C%5C%0Apymnt%3D%5Ctextit%7Bperiodic%20payments%7D%5Cto%20%26400%5C%5C%0Ar%3Drate%5Cto%2010%5C%25%5Cto%20%5Cfrac%7B10%7D%7B100%7D%5Cto%20%260.1%5C%5C%0An%3D%0A%5Cbegin%7Barray%7D%7Bllll%7D%0A%5Ctextit%7Btimes%20it%20compounds%20per%20year%7D%5C%5C%0A%5Ctextit%7Bannually%2C%20so%20once%7D%0A%5Cend%7Barray%7D%5Cto%20%261%5C%5C%0A%0At%3Dyears%5Cto%20%2614%0A%5Cend%7Bcases%7D%0A%5C%5C%5C%5C%5C%5C%0AA%3D400%5Cleft%5B%20%5Ccfrac%7B%5Cleft%28%201%2B%5Cfrac%7B0.1%7D%7B1%7D%20%5Cright%29%5E%7B1%5Ccdot%2014%7D-1%7D%7B%5Cfrac%7B0.1%7D%7B1%7D%7D%20%5Cright%5D%0A)