Ratio of chicken stock to mixed vegetables is 3.5 to 8
Step 1: Find the slope
(y-y)/(x-x) = (8-8)/(9+4) = 0
Step 2: Substitute into the slope intercept equation
y - y = m(x - x)
y - 8 = 0(x - 9)
If the problem just wants plain, slope intercept form, then this is your answer.
If not, y = 8
Retention ratio = (net income - dividends) / net income
retention ratio = (20,000 - 6000) / 20000 = 14,000/20,000 = 0.7 = 70%
Answer:
1/3
Step-by-step explanation:
rise over run. Find two places that land on a line I picked (0,0) and (3,1) then count up one from the first point and over 3 for the second.
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
_____
<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
