(-1,1)(1,4)
slope = (4 - 1) / (1 - (-1) = 3/(1 + 1) = 3/2
y = mx + b
slope(m) = 3/2
use either of ur points....(1,4)...x = 1 and y = 4
now sub and find b, the y int
4 = 3/2(1) + b
4 = 3/2 + b
4 - 3/2 = b
8/2 - 3/2 = b
5/2 = b
equation is y = 3/2x + 5/2...but we need it in standard form
y = 3/2x + 5/2
-3/2x + y = 5/2.....multiply both sides by -2
3x - 2y = -5 <==== ur standard form equation
Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.
We find the coupon amount each year
Coupon amount = actual amount of bond * 4%
= 10,000 * 0.04 = 400
Coupon amount for every year = 400
Total value of coupons for 30 years = 400 * 30 = 12000
$12,000 is the total value of the coupons
