Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
The slope of the line is the gradient, which you can find through rise over run
m (gradient) = (y1 - y2) / (x1 - x2)
where (x1, y1) is the coordinate of the first point, and (x2, x2) is the coordinate of the second point
in your question:
x1 = -4
x2 = 19
y1 = -13
y2 = 11
m = (-13 -11) / (-4 -19) = -24 / -23 = 24/23 or 1.04 (2d.p.)
hope that helps :)
4,000,000 is 3,567,194 rounded (-:
Multiply his AGI by 7.5% to find the amount medical needs to meet before deducting:
46,000 x 0.075 = $3,450
He can deduct any amount over $3450.
Subtract that from his medical total to find the amount he can deduct:
5800 - 3450 = 2350
He can deduct $2,350.
