The cost of a cd after 6 year is =$ 15.12
Step-by-step explanation:
The present cost of the cd is $11.95 and inflation rate 4%
P = $11.95 , r = 4% and n = 6 years
The cost of a cd after 6 year is =
=$ 
=$ 15.12
For this case we have that by definition, the point-slope equation of a line is given by:

Where:
m: It's the slope
It is a point through which the line passes
According to the statement data we have:

Substituting we have:

By law of signs of multiplication we have to:

Answer:
The requested equation is: 
Answer:
+
4
Step-by-step explanation: