Here we are required to rewrite the equation ax-by=c, where a,b,c>0 In the slope-intercept form.
The slope-intercept form of ax-by=c is ;
y = (a/b)x - (c/b).
There a no. of ways to write the equation of a line; however, the most popular of these ways is the slope-intercept form.
- The slope-intercept form usually takes the form ; y = mx + c.
Therefore, the equation ax-by=c can be rewritten thus;
- ax - c = by
- By divIDing both sides of the equation by b, we have ;
- (a/b)x - (c/b) = y
Consequently, the slope-intercept form of ax-by=c is ;
- y = (a/b)x - (c/b).
- where , (a/b) is the slope(m)
- and (-c/b) is the intercept(c).
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Answer:
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Answer:
p = $ 12521.82
Step-by-step explanation:
Interest Rate = 3.6 %, Compounding Frequency: Semi-Annual, Equivalent Annual Interest Rate
%
Number of Repayments is 11 with 10 being equal in magnitude and the last one being worth $ 270, the first repayment comes at the end of Year 2
Let $ p be the level payments that required. Therefore,
![100000 = p\times \frac{1}{0.0363} \times [1-\frac{1}{(1.0363)^{10}}] \times \frac{1}{(1.0363)} + \frac{270}{(1.0363)^{12}}](https://tex.z-dn.net/?f=100000%20%3D%20p%5Ctimes%20%20%5Cfrac%7B1%7D%7B0.0363%7D%20%5Ctimes%20%5B1-%5Cfrac%7B1%7D%7B%281.0363%29%5E%7B10%7D%7D%5D%20%5Ctimes%20%5Cfrac%7B1%7D%7B%281.0363%29%7D%20%2B%20%5Cfrac%7B270%7D%7B%281.0363%29%5E%7B12%7D%7D)
100,000 - 176.01 = p x 7.972
p = $ 12521.82
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