Answer:
Equation of line best fits the scatter plot is y =
Step-by-step explanation:
Let the equation of line be y = mx + c
where m = slope of line and c is the intercept on y -axis
from the graph intercept on y-axis is 108
and the slope of line is given by m = where (
) and (
) is the points on line
let, points be (4,96) and (18,36)
on calculating this m = =
Therefore equation of line best fits the scatter plot is y =
Answer:
The balance of account at the end of 36 years is $31,849.29
Step-by-step explanation:
We are given the following in the question:
P = $3,300
r = 6.5% = 0.065
t = 36 years
The compound interest is given by:
where A is the amount, p is the principal, r is the interest rate, t is the time in years and n is the nature of compound interest.
Since interest is compounded annualy we use n = 1
Thus, balance of account at the end of 36 years is $31,849.29
Step-by-step explanation:
find the value of the constant of proportionality k
c =total cost
d =days