The median of the numbers would be 7.5
Answer:
$1,304.70
Step-by-step explanation:
If interest 6% annually, monthly is 0.5%.
The debt in 5 months will be 800 plus compounded interest for 5 months plus new due debt
In 3 more months the debt will be 2220.201 plus compounded interest for 3 months minus payment
After 8 months the debt would be 1253.67 plus compounded interest for 8 months
Then the size of the final payment would be $1,304.70
Answer:
y intercept at 5/2. Slope is 0
Step-by-step explanation:
The equation for a line can be represented by the formula y=mx+b. M is the slope or rate of change and b is the y intercept. Since the equation y=5/2 does not have an x in it the slope is 0 and you have a perfectly straight horizontal line. Since we are just left with 5/2 that is our y intercept.
In other words, no matter what value you plug in for x, y will always be 5/2.