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GalinKa [24]
3 years ago
8

Write the equation that passes through the given point and has the slope indicated: (1, -3); with slope (-3/5)

Mathematics
1 answer:
TiliK225 [7]3 years ago
6 0

Answer:

y = -3/5x - 12/5

Step-by-step explanation:

The equation I'm going to give is going to be in slope-intercept form. If you need it in point-slope, I can do so in an edit or the comments.

Slope-intercept form is: <em>y = mx + b</em> where m is the slope, b is the y-intercept.

So let's plug in our given slope:

y = -3/5x + b

Using this, we now plug in our x- and y-coordinates from the given point to solve for b.

-3 = -3/5(1) + b

-3 = -3/5 + b

Add 3/5 to both sides to isolate variable b.

-3 + 3/5 = b

-15/5 + 3/5 = b

-12/5 = b

Plug this new info back into the original equation and your answer is

y = -3/5x - 12/5

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You have a goal of saving to build up a nest egg of $625,357.24, and you are going to make regular deposits to an account that p
Delvig [45]

The monthly deposit required to save up to $625,357.24 (future value) in 40 years at a 7.2% APR is <u>$225.20</u>.

<h3>What is the monthly deposit?</h3>

The monthly deposits are the periodic savings that the investor must make to achieve future value.

The monthly deposit is compounded at the monthly annual percentage rate (APR).

We can compute the required monthly deposits using an online finance calculator as follows:

N (# of periods) = 480 months (40 years x 12)

I/Y (Interest per year) = 7.2%

PV (Present Value) = $0

FV (Future Value) = $625,357.24

<u>Results</u>:

Monthly Deposits (PMT) = $225.20

Sum of all periodic payments = $108,096 ($225.20 x 480)

Total Interest = $517,261.24

Thus, to save $625,357.24 in 40 years, you need to deposit <u>$225.20</u> monthly.

Learn more about periodic deposits (payments) at brainly.com/question/13031679

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1 year ago
15. Solve by factoring: 3x? - 15x + 12 = 0
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The solution for that proplem is X=4,1

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3 years ago
According to a survey conducted by Deloitte in 2017, 0.4702 of U.S. smartphone owners have made an effort to limit their phone u
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Answer: 0.628

Step-by-step explanation:

Probability of U.S. smartphone owners have made an effort to limit their phone use in the past : p = 0.4702

Sample size : n= 54

Mean : \mu =(54)(0.4702)=25.39

Standard deviation:

\sigma=\sqrt{(54)(0.4702)}=\sqrt{25.39}\\\\\approx5.039

The probability that between 22 and 29 (inclusively) will have attempted to limit their cell phone use in the past will be :

P(22\leq x\leq29)=P(21

Hence, the required probability = 0.628

5 0
3 years ago
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