A phone company charges a monthly fee of $35.00 and $0.10 per text message. Bridget wants to pay less than $1200.00 total for he
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Answer:
see explanation
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 2, - 6) and (x₂, y₂ ) = (2, - 3) ← 2 points on the line
m = =
, thus
y = x + c ← is the partial equation
To find c substitute either ot the 2 points into the partial equation
Using (2, - 3), then
- 3 = + c ⇒ c = - 3 -
= -
y = x -
← equation of line
Answer:
$315.24
Step-by-step explanation:
Principal, P =$262
Rate, r= 3.7% =0.037
Time, t= 5 Years
The Value of the Investment which is compounded continuously is gotten using the formula:
The value of the investment after 5 years is $315.24 to the nearest cent.