Answer:
m is 3 since it's the slope and b is -2 since its the y-intercept
Step-by-step explanation:
the formula is y=mx+b so 3 is in the m spot and -2 is in the b spot.
Answer:
A reasonable range for the function is 
.
Step-by-step explanation:
Revenues are positive quantities since Andrea is looking for money after expenses, so that reasonable range of the revenue function is .
I believe the answer is 104.
The original annual simple interest rate, rounded to two decimal places, is 3.79%
What is the formula for simple interest?
The simple interest on a loan or deposit is determined as the principal multiplied by the simple interest rate and time
I=PRT
The first loan:
P=12 850.00
R=r(assume it is r)
T=4 years
I=12 850.00*r*4
I=51400r
The second loan was taken after 14 quarters the first was taken out, which is the same as after 3.5 years, hence, the interest on the second loan is only for a half a year
P=3 273.00
R=0.5r( half of the interest on the first loan)
T=0.5 years
I=3 273.00*0.5r*0.5
I= 818.25r
Total interest=51400r+818.25r
Total interest=52218.25r
total interest paid=1 980.00
1 980.00=52218.25r
r=1 980.00/52218.25
r=3.79%
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