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Answer: y + 1 = 2 (x -1)
Step-by-step explanation:
Point slope form is:
y - y1 = m (x - x1)
Point on the line is (1, -1) and slope is 2
m = 2
y1 = -1
x1 = 1
y - (-1) = 2 (x - 1) or y + 1 = 2 (x -1)
Answer:
1. y=3x-1
Step-by-step explanation:
y=mx+b
y=output
m=slope
x=input
b=y-intercept
Answer: she will have $2042.4 have in the account after 1 year.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $2000
r = 2.1% = 2.1/100 = 0.021
n = 12 because it was compounded 12 times in a year.
t = 1 year
Therefore,
A = 2000(1 + 0.021/12)^12 × 1
A = 2000(1 + 0.00175)^12
A = 2000(1.00175)^12
A = $2042.4
