You can find slope by using the slope formula. Because we are already given two coordinate points, we can use that to find our slope. The slope formula is $\frac{y^{2}-y^{1} }{x^{2}-x^{1} }$ . This also refers to $\frac{5-(-5)}{0-4}$ or 10/-4 or -5/2. Any coordinate with the x-value as 0 means that that coordinate is the y-intercept. Because (0,5) has 0 as its x-value, the y-intercept is 5.

3 0

3 years ago

WILL GIVE 5 STAR IF CORRECT: Chasity purchased a pool for $9,270 using a six-month deferred payment plan with an interest rate o

Verdich [7]

Answer:

$297.41

Step-by-step explanation:

Given that:

Amount = 9270

Derferred period = 6 months = 0.5 yr

Rate = 17.95% = 0.1795

Amount = 9270(1 + 0.1795)^0.5

Amount = 9270(1.1795)^0.5

Amount = 10067.663

PV = 10067.663

Number of months, n = 48

Monthly amount to be paid :

rp = rate per period = 0.1795/12 = 0.0149583

(rp * PV) / 1 - (1 + rp)^-n

(0.0149583 * 10067.663) / 1 - (1 + 0.0149583)^-48

150.5951234529 / 0.5096723

= 295.47441

Closest option is $297.41

6 0

3 years ago