Parking on campus is often expensive, and it is tempting to park illegally and take your chances on getting a ticket. From past
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Answer:
The amount of interest earned at the end of 14 years would be $672.3486
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
In this problem, we have that:
So
The amount of interest earned at the end of 14 years would be $672.3486
The y-intercept of the linear equation of best fit, considering the slope and the means, is of -60.428.
<h3>What is a linear function?</h3>A linear function is modeled by:
y = mx + b
In which:
- m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
- b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.
For a line of best-fit, the y-intercept is given by:
The parameters in this problem are given as follows:
Then:
More can be learned about linear functions at brainly.com/question/24808124
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