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Answer:
a)
b)
c) They'd have lost $1000 if they had sold no calendars.
Step-by-step explanation:
a) The equation of the line in Slope-Intercept form is:
Where "m" is the slope and "b" is the y-intercept.
In this case we know that "y" represents the profit of loss and "x" the number of calendars sold.
Then, according to the exercise, the line passes through these two points:
and
Then, we can find the slope of the line with the formula
Now, we can substitute the slope and one of those points into and solve for "b":
Then, subtituting values, we get that the equation that describes the relation between the profit of loss and the number of calendars sold, is:
b) The slope of the line is the profit they made from selling each calendar
c) The y-intercept is the amount they would have lost if they had sold no calendars:
They'd have lost $1000 if they had sold no calendars.
Answer:
740
Step-by-step explanation:
The n th term of an arithmetic series is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Given a₃ = 7 and a₇ = (3 × 7) + 2 = 21 + 2 = 23 , then
a₁ + 2d = 7 → (1)
a₁ + 6d = 23 → (2)
Subtract (1) from (2) term by term
4d = 16 ( divide both sides by 4 )
d = 4
Substitute d = 4 into (1)
a₁ + 2(4) = 7
a₁ + 8 = 7 ( subtract 8 from both sides )
a₁ = - 1
The sum to n terms of an arithmetic series is
=
[ 2a₁ + (n - 1)d ] , thus
=
[ (2 × - 1) + (19 × 4) ]
= 10(- 2 + 76) = 10 × 74 = 740