Hello!
Slope-intercept form is written as: y = mx + b. In this equation, m is the slope and b is the y-intercept.
Given the slope, 7/6, and the y-intercept of (0, 6), we can write the completed equation.
Therefore, the equation is y = 7/6x + 6.
He needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
<h3>What is Interest ?</h3>
Interest is the amount of money received , when a certain lump sum amount is deposited.
It is given that the person is receiving ,
Interest = $5000 ,
after six months , every six month
Time Period = 10 years
Interest Rate = 4%
Compounded Semiannual
Let the principal amount be $x
Compound Interest is given by
Amount = P[ 1 + r/n]ⁿˣ
Here x is the time period
Therefore the Amount = x{ 1 +0.04/2}²⁰
x + 5000 *20 = x{ 1 +0.04/2}²⁰
x + 100000 = 1.486 x
x = $205783
Therefore he needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
To know more about Interest
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Answer:
3.5
Step-by-step explanation:
This is a 30-60-90 triangle so the hypotenuse is equal to 2 times 
.
≈ 3.5
100,203 in word form is one hundred thousand, two hundred three (1 x 100000) + (0 x 10000) + (0 x 1000) + (2 x 100) + (0 x 10) + (3 x 1) (1x1,000)+(2x3)
Answer:
90 and 10
Step-by-step explanation:
