Which of the following shows the correct order of the numbers below?
2 answers:
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Answer:
1. The percent commission earned is 3%.
2. The loan period is 3.29 years.
Step-by-step explanation:
1. Salesman has $65,100 in sales. He earned $1,953 in commission.
Let the percent commission earn be x%
Therefore, x% of the sales equals $1,953
We cross multiply
Divide both side by the coefficient of 'x' (65100)
Therefore, the percent commission earned is 3%
2. Interest (I) = $299 Principal (P) = $1300 Rate (R) = 7%
The formula for finding interest is given as:
Therefore, substituting into the formula, we have:
We are finding the time it takes the loan to earn an interest of $299
We cross-multiply:
Divide both side by the coefficient of T (9100)
Therefore, the time taken for the loan to earn such interest is approximately 3.29 years
Answer:
y-7 = -2 (x-4)
Step-by-step explanation:
Point Slope Form:
, where m is the slope of the line
They tell you that the line has a slope of -2, so that will go in the first yellow box. They also tell you that the line passes through the point (4, 7), so those are the values for x1 and y1. They've already filled in y1 with 7, so x1 (which is 4) will go in the second yellow box
y-7 = -2 (x-4)