First you have to put it into slope intercept form. You have to put it into y = mx + b then m is the slope and b is the y intercept on the graph.
The present worth of the boat is $8825. The interest rate is 10.2% and it's not stated whether or not the interest is nominal, so we assume it's annual and effective. We use the formula:
F = P (1 + i)^n
where F is the future worth
P is the present worth
i is the effective annual interest rate
n is the number of years
Substituting:
F = 8825(1 + 0.102)^3
F = 11810.26
The future worth of the boat is
$11,810.26
Answer:
5
Step-by-step explanation:
Answer:
20mph
Step-by-step explanation:
because when you divide the 280 it goes by 20 mph to get to 280 miles by quarters but in 20s
Answer:
he will overdraw his bank account by at least $25
Step-by-step explanation: