Answer:
Answer is: $148,809.52
Step-by-step explanation:
Susan has purchased a whole life policy with a death benefit of $200,000.
Assuming that she dies in 10 years.
Rate = 3% or 0.03
Future value after 10 years = =
= 1.344
Purchasing power of proceeds = = $148,809.52
Answer:
The equation in slope-intercept form that represents the situation is y=0.25*x + 84 where y represents the temperature in ° F and x the number of chirps per minute.
Step-by-step explanation:
A linear equation can be expressed in the form y=m*x + b. In this equation, x and y are coordinates of a point, m is the slope and b is the y coordinate of the y-intercept. Since this equation describes a line in terms of its slope and its y-intercept, this equation is said to be in its slope-intercept form.
When there are two points of a line (x1, y1) and (x2, y2), the slope is determined by the quotient between the difference of the ordinate of these two points and the difference of the abscissa of the same points. This is:
Having a point on the line, you can substitute the values of m, x and y in the equation y = mx + b and thus find b.
In this case:
So:
m= 0.25
substituting the values of m, x1 and y1 in the equation y = mx + b you have:
107= 0.25*92 + b
107 - 0.25*92= b
84=b
<u><em>The equation in slope-intercept form that represents the situation is y=0.25*x + 84 where y represents the temperature in ° F and x the number of chirps per minute.</em></u>