If $400 is invested at the rate of 6% for one year, what will be the total value of the investment (the amount)?
1 answer:
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Answer: The graph is attached.
Step-by-step explanation:
1. Solve for y, as following:
2. The equation of the line in slope intercept form is:
Where m is the slope and b is the y-intercept.
3. In this case the equation of the line is:
then:
4. Find the x-intercept. Make y=0. Then:
5. Then, plot the line that passes through the points (0,7) and (4.9, 0).
6. The symbol of the inequality is < therefore, the line must be dashed and indicates that the region under the line must be shaded.
Then you obtain the graph attached.
