8.605
This number is bigger than 6.604 and it is smaller than 8.643
:)
574.54-396.23= 178.31
So Y=178.31
Make 2 equations let x=150 y=600/180000 than plug and chug
The pertinent formula is A = P (1 + r/n )^(nt), where
P is the original amount of money (Principal),
A is the compound amount,
r is the annual interest rate, expressed as a decimal fraction,
n is the # of compounding periods per year, and
t is the # of years.
Here, A = $35000 ( 1 + 0.04/4)^(4*6)
= $35000 (1.01)^24
= $35000 (1.2697) = $44440.71
The line passes through
and
. We can compute the slope as
