Answer:
-0.125
Step-by-step explanation:
The simple interest rate equation is I = Prt
I = interest
P = principle ($54,000)
r = rate (3.875%)
t = time (3 months, so .25 years)
I = Prt
I = (54,000)*(.03875)*(.25)
I = $523.125
Answer:
y = 1/2x + 1/2
Step-by-step explanation:
first list a few points to find the slope
(1,1) (3, 2)
y2 - y1/x2 - x1
2 - 1/3 - 1
1/2
y = 1/2x + b
to find the slope use a point you didnt use yet (since its tricky to find the intercept looking at the graph)
(-1, 0)
0 = 1/2(-1) + b
0 = -1/2 + b
b = 1/ 2
lets check:
point: (-3, -1)
y = 1/2x + 1/2
-1 = 1/2(-3) + 1/2 ?
-1 = -3/2 + 1/2 ?
-1 = -1
