Answer:
$100.4
Step-by-step explanation:
Compound Interest Formula:
A = P1 +
=> A = 100 x ( 1 + )^1 = 100.4 (If they asked ... interest rate ... per year, if not then depends - most likely to be days and therefore you will need to change 1 year = 365 days and you will also need to change 1 in the formula above to 365, then you will get the right ans)
Answer:
$110
Step-by-step explanation:
We are looking for the decrease in money per desk purchased. Because the x-axis is the number of desks purchased, what we have to find is the (opposite) of the slope. The formula to represent slope can be written as:
We can substitute the points given, (2, 480) and (5, 150) and simplify:
We would multiply by -1 because we are asking for the decrease, and negative increase is decrease. -1 * -110, gives us $110
