For a deferred payment plan no interest is accrued for the deferment period.
If $85 is made each month, then in 18 months, 18 * 85 = $1,530 must have been paid off from the balance owed.
Thus, the remaining balance after the deferment period is $2,885 - $1,530 = $1,355.
Answer:
y=1/2x+2
Step-by-step explanation:
The equations come in the form of y=mx+c, where m is the gradient and c is the y-intercept. Looking at the graph we know that the y-intercept is (0,2), so that rules out options B and C.
To find the gradient is a little more tricky, but we can follow the formula:
, where rise is the vertical value and run is the horizontal value
So we sub in our values:

And simplify:

So now we sub in our new found values into y=mx+c:
y=1/2x+2
Answer:
48.4 hours
Step-by-step explanation:
Time = Distance/Rate
The maximum height of the diver would be the y value of the vertex of the graph. The vertex of the graph is (1,4). The maximum height of the diver is 4 meters.