Answer:
slope = - 2 and y- intercept = 6
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
y = - 2x + 6 ← is in slope- intercept form
with slope m = - 2 and y- intercept c = 6
Answer:
m= -5/8
Step-by-step explanation:
Slope of a line containing the points,
where, m is the slope
Here,
Just divide the 45 by the 4½
thus
Answer:
<u>The future value of the investment after 10 years is $ 29,240.53</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Principal = $ 17,500
Interest rate = 5.2% = 0.052 compounded semiannually
Time = 10 years = 20 semesters
2. What is the future value of the investment after 10 years?
Let's use the formula of the Future Value, to calculate it for this investment:
FV = P * (1 + r) ⁿ
Let's replace with the real values:
FV = 17,500 * (1 + 0.052/2)²⁰
FV = 17,500 * 1.670887521
<u>FV = 29,240.53</u>