Step-by-step explanation:
Answer is in the picture.
Table C is a function, because none of the numbers in the X column repeat. (All the other ones do.):-)Hope I could help!!
Slope is rise/run or y2-y1/x2-x1. So to find the slope, find two points where the point is exact, then do the equation. That's the best I can explain, sorry if this doesn't help at all.
Let x = amount invested in 2% CD and y = amount invested in 3% CD
x + y = 60000
0.02x + 0.03y = 1600
SOLVE THE 1st EQUATION FOR x AND SUBSTITUTE RESULT IN 2nd
0.02(60000 - y) + 0.03y = 1600
1200 - 0.02y + 0.03y = 1600
0.03y = 400
y = 13333.34
x = 46666.66
Answer: 1/8
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