A charity is selling raffle tickets at $5 apiece. Out of the 100 tickets sold, ten third-place winners will be drawn, each winni
2 answers:
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Answer:
y = - x + 1
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 1, 2) and (x₂, y₂ ) = (4, - 3)
m = =
= -1, hence
y = - x + c ← is the partial equation
To find c substitute either of the 2 points into the partial equation
Using (- 1, 2), then
2 = 1 + c ⇒ c = 2 - 1 = 1
y = - x + 1 ← equation in slope- intercept form
Answer:
Step-by-step explanation:
<u><em>The value of r is the question is</em></u>
r=0.03
we know that
The formula to calculate continuously compounded interest 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
e is the mathematical constant number
we have
substitute in the formula above
solve for t
Apply ln both sides
Apply property of logarithms
Remember that