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ASHA 777 [7]
3 years ago
7

Please helpppppp, I’m tryna passss :(

Mathematics
1 answer:
Murljashka [212]3 years ago
6 0

Answer:

y = x + 1

Step-by-step explanation:

I've already explained the process to you, but:

Slope intercept form is y = mx + b

When we count rise over run, we get 1/1, or just 1.

y = x + b (you don't have to write 1x)

The line intersects the y-axis at 1

y = x + 1

Please let me know if you don't understand

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When the effective interest rate is 9% per annum, what is the present value of a series of 50 annual payments that start at $100
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<u>End of year 2 (capital + interest + new deposit)</u>

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<u>End of year 3 (capital + interest + new deposit)</u>

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\bf FV=1,000*(1.09)^{50}+10*815.08356=82,508.35564

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\bf PV=\frac{FV}{(1.09)^{50}}=\frac{82508.35564}{74.35572}=1,109.616829\approx \$1,109.62

rounded to the nearest hundredth.

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