All you have to do is isolate m. We have to move all terms except m to the other side.
15 + 5m = 415
We have to cancel out the numbers. 15 is being added so we subtract it from both sides.
15 - 15 + 5m = 415 - 15
5m = 400
5 is being multiplied so we divide it on both sides.
5m/5 = 400/5
m = 80
We can plug in to prove.
15 + 5(80) = 415
15 + 400 = 415
415 = 415
Suppose the spot rates for 1 and 2 years are s1=6.3% and s2=6.9% with annual compounding. Recall that in this course interest rates are always quoted on an annual basis unless otherwise specified. What is the discount rate d(0,2)? Please submit your answer rounded to three decimal places. So, for example, if your answer is 0:4567 then you should submit an answer of 0:457.
Y=mx+b
m = slope
y = -3x/4 +b
4 = -3*0/4 + b
4 = b
y -3x/4 + 4
