Answer:
c
Step-by-step explanation:
Answer:
y-9= -4(x+1)
Step-by-step explanation:
First, you should know what the format for point slope form is. y-y1=m(x-x1). Now, fill in the points to the x1 and y1 variables. It doesn't matter what ordered pair you use. If the number you fill in is negative, for example, -1, change it to a positive 1. If you're plugging in a positive number such as 9, it becomes -9. Now, it may look like this: y-9=m(x+1). However, you still need to find slope. You can use the expression y-y1/x-x1. 9-1=8. -1-1= -2. So, your slope is 8/-2. However, you can simplify this to -4. Now, plug in -4 to your equation to have your final answer: y-9=-4(x+1).
The balance after 8 years is $22,942.67
<h3>
What is the balance after 8 years?</h3>
We know that the savings account earns 15% annually, and the initial deposit is $7500, then the balance as a function of time in years is:
B = $7500*(1 + 15%/100%)^t
B = $7500*(1.15)^t
The balance after 8 years is what we get when we evaluate the above function in t = 8, so we get:
B = $7500*(1.15)^8 = $22,942.67
So the correct option is the last one.
If you want to learn more about exponentials:
brainly.com/question/2456547
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