Given that Juan Solez, a prominent painter, takes out a simple discount note for one year from River National Bank for $5,000.
Annual rate of interest on that amount is 8%.
Now we have to find about what is the amount of the discount and the proceeds.
Amount of discount will be just 8% of 5000
0.08 ( 5000 )= $400
Proceeds will be difference of original amount and discount so that will be 5000-400= $4600
Permutaions aka slot method
1st slot has 4 possibiliies
2nd slot has 3 since 1 in 1st slot
3rd has 2
multily
4*3*2=24
24 possibilities
456
457
467
465
476
475
546
547
567
564
576
574
647
645
654
657
674
675
745
746
756
754
765
764
The slope is -3 and the y-intercept is -7. The equation would be y = -3x – 7
The bend was at (0,0) and now is 5 units right, 3 units down.
Answer C.