Let's present a solution for the generic case.
The equation will be of the form y=ax+b
If (7,3) is on it, then 3=7a+b
If (14,6) is on it, then 6=14a+b
Now we have a system we can solve.
3=7a+b => b = 3-7a
6=14a + 3-7a => 3 = 7a => a=3/7
b = 3-7*3/7 = 0
So y = (3/7)x is the equation.
Given:


To find:
The
.
Solution:
Conditional probability:

Substituting the given values, we get



Therefore, the correct option is B.
SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
That’s a irrational number