Answer: <em>The slope is 1 </em>
Step-by-step explanation:
(0, 2.7) - x1, y1
(1, 3.7) - x2, y2
3.7 - 2.7 = 1
1 - 0= 1
1/1 = 1
Answer:
$23,700
Step-by-step explanation:
The compound interest formula can be helpful for this. Fill in the given values and solve for the unknown.
FV = P(1 +r/n)^(nt)
where r is the annual interest rate, n is the number of times interest is compounded in a year, t is the number of years, P is the amount invested, and FV is the future value of that investment.
$27,000 = P(1 +0.022/365)^(365·6) = 1.1411037P
P ≈ $23,700
The phrase “the difference between a number and 5” as a variable expression would look like: x - 5
