The toll on a highway is based on the number of miles driven. If the toll on a 15-mile stretch of highway is $0.60, find the cos
1 answer:
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Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :
As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,
Hence he need to invest $107,836.69 .
Answer:
m = 4/3
Step-by-step explanation:
To find the slope of a line use the formula, where "m" means slope:
*You don't need to show this part on paper*
Choose which point you want to be point 1 and point 2. Remember the points are written (x, y).
Point 1: (-2, 1) x₁ = -2 y₁ = 1
Point 2: (4, 9) x₂ = 4 y₂ = 9
Substitute the coordinates into the formula:
*Show this part on paper*
Simplify
Reduce by dividing by 2
Slope
The slope of the line is 4/3