If the line is strait on the x-axis, but if it is strait up and down on the y-axis it is undefined.
Answer:
$4779
Step-by-step explanation:
First you need to write an equation to model this situation. In this case it's f(x)=1000(1.12)^x. College usually lasts 4 years, so to find the total amount of money they need to budget, you need to find the sum of f(0), f(1), f(2), and f(3).
This is roughly equivalent to 1000+1120+1254+1405, which equals 4779.
Based on the number of years that Peter and Blair have till retirement, the total amount that they need to save to completely fund their income shortfall is $65,545.72.
<h3>What amount do Peter and Blair need to save?</h3>
First, find the income shortfall:
= 75,017 - 54,000
= $21,017
The amount they need to save to cover this shortfall is the future value of this amount at retirement. The rate will be the real rate which is:
= 6% - 2% inflation
= 4%
The future value is:
= Income shortfall x future value interest factor, 4%, 29 years
= 21,017 x 3.1187
= $65,545.72
Find out more on future value at brainly.com/question/24703884
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X intercepts: (3/2 , 0)
y intercepts: (0 , -2)
Rewrite the equation set = to 0.
x^2 + 5x - 8 = 0
The quadratic will not factor so you have to use the quadratic formula.
x = (-b + - sqrt(b^2 - 4ac))/2a
x = (5 + - sqrt(25 - 4* 1* -8))/2
x = (5 + - sqrt 57)/2
