How much more interest is earned on an investment of $12,585 at 3.5% interest over 5 years if the interest is compounded annuall
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The amount of blue color in the green paint is an illustration of ratios and proportions.
Cheryl's green paint has more blue color
The proportion of blue color is calculated as:
So, we have:
Express as percentage
Express as percentage
By comparison: 40% >37.5%
Hence, Cheryl's green paint has more blue color
Read more about proportions at:
For this case we have that by definition, the equation of the line of the slope-intersection form is given by:
Where:
m: It's the slope
b: It is the cut-off point with the y axis
We have two points through which the line passes:
We found the slope:
Substituting we have:
Thus, the equation is of the form:
We substitute one of the points and find the cut-off point:
Finally, the equation is:
ANswer: