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Alexus [3.1K]
3 years ago
15

Gabby is an aspiring country artist. She has a record contract that pays her a base rate of $200 a month and an additional $12 f

or each album sold. Last month she earned a total of $644. Identify the y-intercept in the equation. x $644 $12 $200
Business
1 answer:
cupoosta [38]3 years ago
7 0

Answer:

The y-intercept would be $200

Explanation:

Given,

In a month,

Base rate = $200,

Additional charges per album = $ 12,

Thus, the total charges for x albums ( say y ) = base rate + additional charges for x albums

⇒ y = 200 + 12x

Which is the required equation,

For y-intercept,

x = 0

y = 200 + 12(0) = 200

Hence, y-intercept in the equation is $200.

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What was one of the lessons from this activity?
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I should pay off my smallest balance first. Then continue paying my smallest balances until I have paid all of my debt.

Explanation:

This is one of the lesson from the activity. That, loans and debts are important part of life of someone but the most important thing, is to remember to clear off those loans and debts. this could be done through the gradual payment till all the debts are cleared.

4 0
4 years ago
1. Given the nominal interest rate of 17​% and the expected inflation of 13​%, then the value of the real interest rate is ___ ?
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Answer:

According to fisher equation

(1+nominal Interest rate)=(1+real interest rate)(1+inflation)

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1+R=1.17/1.13

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NIR= 0.072

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A lender prefers a higher real interest rate as he will earn more money on the amount he has lend if the real interest rate is higher.

A borrower will prefer a lower real interest rate as he will have to pay lower interest payments on an amount if the real interest rate is lower.

Explanation:

6 0
3 years ago
Specialization:
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Answer:

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8 0
3 years ago
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love history [14]

Answer:

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Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

 

6 0
3 years ago
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