Step-by-step explanation:
The answer is A. Slope is rise/run. According to the graph, you can trace out and see that it rises 1 and goes to the right 4 times. This means that it has a positive slope of 1/4. And the line crosses the y intercept at y = 3
So answer choice A is correct.
3 plus 11/10 (mix number, you can get it by simplifying 300/100=3 with 11/100 left over)
311/100 (improper fraction=a fraction where the numerator is bigger than the denominator, you get it by just taking the last decimal place which is a houndredth here so you take the whole thing over 100 basically)
Answer:
The initial investment is $821.58
Step-by-step explanation:
Giving the following information:
Future Value (FV)= $90,597
Number of periods (n)= 25*12= 300
Interest rate (i)= 1.58% = 0.0158
<u>To calculate the initial investment, we need to use the following present value (PV) formula:</u>
PV= FV/(1+i)^n
PV= 90,597 / (1.0158^300)
PV= $821.58
The initial investment is $821.58
Answer:
1/5
Step-by-step explanation: