The Pythagorean theorem
2 answers:
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For this case we have that by definition, the equation of the line in the slope-intersection form is given by:
Where:
m: It is the slope of the line
b: It is the cut-off point with the y axis
We have the following points through which the line passes:
We find the slope of the line:
Thus, the equation of the line is of the form:
We substitute one of the points and find b:
Finally, the equation is:
Answer:
The general Formula for a decreasing Annuity is:
For this example we have:
P = 78,000
n = 7*4 = 28
i = 8%/4 = 2% = 0.02
After substituting you can find value for R, rent.
For this example we have:
P = 78,000
n = 7*4 = 28
i = 8%/4 = 2% = 0.02
After substituting you can find value for R, rent.