Answer:
Either B or D is the answer
Answer:
y + 2 = -0.069(x-+5)
Step-by-step explanation:
SInce the two lines intersects, we will equate it
Multiply x + 3y = 0 by 4;
4x + 12y = 0
4x-4y-13 = 0,
Subtracts both
12y +4y + 13 = 0
16y = 13
y = 13/16
get x;
x + 3(13/16) = 0
x = -39/16
The point of intersection is (0.8, -2.4) and (-5,-2)
Get the equation;
m = y2-y1/x2-x1
m = -2+2.4/-5-0.8
m = 0.4/-5.8
m = -0.069
Get the equation;
y - y0 = m(x-x0)
y - (-2)= -0.069(x-(-5))
y + 2 = -0.069(x-+5)
(2-c,y) is the answer for the problem.
Answer : The duration of the loan is, 6 months
Step-by-step explanation :
First we have to determine the discounted money.
Discounted money = $850 - $800 = $50
Thus, interest = $50
Now we have to determine the time of loan.
Formula used :

where,
P = principle
R = interest rate
T = time
S.I = simple interest
Now put all the given values in the above formula, we get:
For 1 year : 
For 12 months : 

Thus, the duration of the loan is, 6 months
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