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i think the median of the distribution is c
Parallel lines have same same slope with different c values. comparing the given equation to y=mx+c. m=3 and c=-2. for the parallel line the c is different.
now apply the values of (0,4) in the equation y=3x+c and solving for C gives
the REQUIRED LINE EQUATION as y=3x+4
Answer:
$1010.44
Step-by-step explanation:
1500 = X(1 + 0.1/4)¹⁶
X = 1500/(1.025¹⁶)
X = $1010.4374
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