Jim borrowed $12,500 at 6% per annum compound interest . At the end of the first year ,he repaid $5,500.
1 answer:
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Answer:
y = -3/8x -23/8
Step-by-step explanation:
The slope is found using the slope formula:
m = (y2 -y1)/(x2 -x1)
m = (-4 -(-1))/(3 -(-5)) = -3/8
Then the point-slope equation of the line is ...
y -k = m(x -h) . . . . line with slope m through point (h, k)
For m = -3/8 and (h, k) = (-5, -1), the line is ...
y +1 = -3/8(x +5)
In slope-intercept form, this is ...
y = -3/8x -23/8
Answer:
Step-by-step explanation:
Given
Required
Determine the number of bags sold
First, we need to determine the number of bags for 27 pears;
Since they are packed in 3s
Hence:
9 bags were used for 27 pears;
After 5 bags were sold, we have:
Recall that the pears are packed in 3s
So: