Use the slope intercept form; y=mx+b where m is the slope and b is the y-intercept
Both of the fractions can be added since they both have 8 as the denominator 3/8+5/8=8/8 which is a whole.
Answer:
the slope is defined as the change in price divided by the change in quantity supplied between two points (i.e. the two ordered pairs). we can use the following formula to calculate it: m = (y2 – y1)/(x2 – x1). in the case of my example, the two ordered pairs are (2, 500) and (1, 250)
Step-by-step explanation:
Answer:
The outcome table was not given. But find below how to find the experimental probability
Step-by-step explanation:
Experimental Probability = number of times you rolled a three / the number of times you rolled the die itself.
The applicable formula is
A = P(r/12)/(1 -(1+r/12)^(-12n))
where P is the principal amount,
r is the annual interest rate (compounded monthly), and
n is the number of years.
Using the formula, we find
A = 84,400*(0.04884/12)/(1 -(1+0.04884/12)^(-12*15))
= 84,400*0.00407/(1 -1.00407^-180)
= 343.508/0.518627
≈ 662.34
The monthly payment on a mortgage of $84,400 for 15 years at 4.884% will be
$662.34
