(8,0) and (0,8) Using a website called desmos can help to visualize things like this.
A real world example of this equation might look something like this:
John Smith wanted to subscribe to Vague Co. In order to subscribe, there is an initial fee of $60, and an additional fee of $25 for each month that he's subscribed. However, John found another company he wanted to subscribe to, Random Inc., which had an initial fee of $20 and an additional fee of $35 per month. After doing a bit of math, John found that the cost to subscribe to both companies is equal for x months. How many months would it take for the costs of both subscriptions to be equal?
60 + 25x = 35x + 20 Given
60 = 10x + 20 Subtract 25x from both sides
40 = 10x Subtract 20 from both sides
4 = x Divide both sides by 10
It would take 4 months for the costs of a subscription to Vague Co. and Random Inc. to be equal.
Answer:
-3
Step-by-step explanation:
The answer would be 54 students in each bus
275-5(5 in cars)=270
270/5(5 buses)=54
The present value of a perpetual bond is = annual coupon payment/discount rate
The discount rate = yield = 20% =0.2
Annual coupon payment =$100
Present value of the bond = 100/0.2 = 500
So the present value of the bond is the value that you would end up paying for the bond.
Hence you would pay $500.00 for a bond that pays an annual perpetual coupon of $100 with a yield of 20%