We can use point-slope form (since we have the slope, and 1 ordered pair)
point-slope form is y-y1=m(x-x1)
x=-5
y=4
m=3
y-(4)=3(x-(-5)
465,100
4.651 x 10^5
Add all up
Answer:
0.117
Step-by-step explanation:
(-0.3)(-0.39)=0.117
We'll need to assume that this is a case of compound interest which is paid once per year.
Then A = P (1 + r)^t becomes
$737.50 = $500 (1+0.095)^t
Then ($737.50/$500) = 1.095^t
Take the log of both sides. 0.1688 = log 1.095^t, or
0.1688 = t log 1.095 = t(0.0394)
Solving for t, t = 0.1688/0.0394 = 4.28 years
This comes out to 4 years and 28/100 of one year,
or 4 years and 3.36 months, or
4 years, 3 months and 11 days.
