The slope (m) = -13.
We can use the slope formula:
m = (y2 - y1) / (x2 - x1)
Let (x1, y1) = (7, 26)
(x2, y2) = (12, -39)
Plug in the values into the formula:
m = (y2 - y1) / (x2 - x1)
m = (-39 - 26) / (12 - 7)
m = -65/5
m = -13
Answer:
.754
Step-by-step explanation:
Percentage is based off of 1 or 100% which is equal to 1. So 50% or half of both 100% and 1 would be translated as .5 and as the percentage becomes more accurate or lengthy you add to the decimal so 53% is .53 and 53.4% is .534
Interest depends a lot on the compounding period.
Since the period is exactly 4 months, we assume
APR=8%
monthly interest=8/12%=0.00666667
Interest due in 4 months
=7000[(1+0.08/12)^4-1]
=7000[0.0269345]
=$188.54
