Well your c value is already there (6) as the standard equation for a line is
y = mx + c
To find the gradient (M) plot two points on the line.
Then label each co ordinate X1 and X2 and then Y1 and Y2
Then subtract your y1 from y2 and then x1 from x2.
For example :if your coordinates were (1,2) (3,4) you would do
4-2 and 3-1
These answers become your “changes” now do change in y / change in x
In terms of the Example you would do 2/2 which would be 1 and the M value would be 1
Hope that isn’t too confusing
Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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The ordering-quantity that should be recommended will be 117 units.
<h3>How to calculate the order quantity?</h3>
The following can be deduced from the information given:
Demand = 679
Ordering cost = 7
Holding cost = 10%
Ordering quantity will be:
= ✓(2 × Demand × Ordering cost / Holding cost)
= ✓(2 × 679 × 7/0.1)
= ✓13580
= 116.53
= 117
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= 5/3 x (-7/2)
= -35/6
= -5 5/6
answer A.
-5 5/6
