Answer:
slope = 1/4
Step-by-step explanation:
To find the slope, I chose two points where the line intersected the graph at an exact point.
Points:
(0, -8)
(4, -7)
Slope is the measure of rise over run, so starting at (0, -8) I went up one and to the right 4 times.
To put this as a fraction, we would have: 1/4
The numerator and denominator are positive because we went up and to the right.
Therefore, the slope is 1/4.
She should have to pay $380.25 in interest for the jet ski.
Answer:
Mean = -1,115,000 per year.
Step-by-step explanation:
Mean = (Σx)/N
The mean is the sum of variables divided by the number of variables
Σx = sum of variable = change in number of visitors over a 10 year period = -11150000
N = number of variables = 10
Mean = (-11150000)/10
Mean = -1,115,000 per year.
Hope this Helps!!!
Answer:
15000(1.003425)^12t ;
4.11%
4.188%
Step-by-step explanation:
Given that:
Loan amount = principal = $15000
Interest rate, r = 4.11% = 0.0411
n = number of times compounded per period, monthly = 12 (number of months in a year)
Total amount, F owed, after t years in college ;
F(t) = P(1 + r/n)^nt
F(t) = 15000(1 + 0.0411/12)^12t
F(t) = 15000(1.003425)^12t
2.) The annual percentage rate is the interest rate without compounding = 4.11%
3.)
The APY
APY = (1 + APR/n)^n - 1
APY = (1 + 0.0411/12)^12 - 1
APY = (1.003425)^12 - 1
APY = 1.04188 - 1
APY = 0.04188
APY = 0.04188 * 100% = 4.188%