Here, the Y intercept is 5. This means that the plant's height started at 5 units.
Answer:
$62,005.34
Step-by-step explanation:
If the interest rate is 12.78% compounded monthly, we can use the formula a = p(1+r/n)^nt
where a is the final value to be paid, p is the inicial value, r is the interest rate, n is the number of months in a year and t is the time in years
So, the total debt will be:
y = 4878 * (1+0.1278/12)^240 = $62,005.34
