Answer: y = .75x + 3
Step-by-step explanation:
y = .75x + 3
a) rate of change is .75x
b) initial value 3
c) independent is .75x
d) dependent is your y
The least common denominator is 1.
Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :

As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,

Hence he need to invest $107,836.69 .