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3 years ago

6. Find the slope of the line that passes through the following 2

Mathematics

2 answers:

vitfil [10]3 years ago

3 0

Answer:

You would do the change in y over the change in x.

That means you subtract your y values and that's the numerator. Subtract your x values and that is your denominator. Then simplify.

(4 - 4)

______

(-2 - 2)

Step-by-step explanation:

Elena L [17]3 years ago

3 0

Answer: y=4

Step-by-step explanation:

4 is the y-intercept. The slope is 0

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How Much Have I Saved? Portfolio

avanturin [10]

The time value of money calculation can be performed using formula equations or online calculators.

The correct responses are;

1) Option 3

2) Option 2

3) The difference in principal is approximately $8,000

The difference in interest earned is approximately $2,977.87

4) It is better to invest more money at the beginning of the 30 years

Reasons:

Option 1: Present value = 0

Amount invested per month, A = $25/month

The Annual Percentage Rate, APR, r = 3.25%

Number of years = 30

The future value of an annuity is given by the formula;

$\displaystyle FV_{A} = \mathbf{A \cdot \left (\frac{ \left(1 + \frac{r}{m} \right)^{m\cdot t} - 1}{\frac{r}{m} } \right)}$

In option 1, m = 12 periods per year

Therefore;

$\displaystyle FV_{A} = 25 \times \left (\frac{ \left(1 + \frac{0.0325}{12} \right)^{12 \times 30} - 1}{\frac{0.0325}{12} } \right) \approx \mathbf{15,209.3}$

Contribution = $25 × 12 × 30 = $9,000

Total interest earned = $15,209.3 - $9,000 = $6,209.3

Final balance = $15,209.3

Option 2: Present value = 0

Amount, A = $75/quarter

m = 4 periods per year

The Annual Percentage Rate, APR = 4.00%

Therefore;

The effective interest rate is therefore;

$\displaystyle r_{eff} = \left(1 + \frac{0.04}{4} \right)^4 - 1 \approx \mathbf{0.04060401}$

$\displaystyle FV_{A} = 75 \times \left (\frac{ \left(1 + \frac{0.04060401}{4} \right)^{4 \times 30} - 1}{\frac{0.04060401}{4} } \right) \approx 17,437.7$

Using an online calculator, FV = $17,467.04

Contribution = $75 × 4 × 30 = $9,000

Total interest earned = $17,467.04 - $9,000 = $8,467.04

Final balance = $17,467.04

Option 3: Present value = $1,000

APR = 6.25%

m = 12 period per year

Number of years, t = 30 years

Therefore;

$\displaystyle FV = \left (1 + \frac{0.0625}{12} \right)^{12 \times 30} \approx \mathbf{6,489.17}$

Contribution = $1,000

Total interest earned = $6,489.17 - $1,000 = $5,489.17

Final balance = $6,489.17

The table of values is therefore;

$\begin{tabular}{|c|c|c|c|}Option \# &Contribution &Total Interest Earned&Final Balance\\1&\$9,000&\$6,209.3 & \$15,209.3\\2&\$9,000&\$8,467.04 &\$17,467.04\\3&\$1,000&\$5,489.17&\$6,489.17\end{array}\right]$

1) The option that has the least amount invested are option 3

Option 3 investment plan is a present value of $1,000, invested for 30 years at 6.25% APR compounded monthly.

2) Option 2 yielded the highest amount at the end of 30 years, given that the APR is higher than the APR for option 1, although the amount invested over the period are the same.

The basis of option 2 investment plan is $75 invested quarterly at 4.00% APR compounded monthly for 30 years.

3) The difference in the principal invested for the highest and lowest final balance is $9,000 - $1,000 = $8,000

The difference in the interest earned is; $8,467.04 - $5,489.17 = $2,977.87

4) In option 1 the present value is zero, therefore zero amount was invested at the beginning.

The interest to investment ration is 6,209.3:9,000 ≈ 0.7:1

In option 3, all the money was invested at the beginning.

The interest to investment ratio of option 3 is; 5,489.17:1,000 ≈ 5.5:1

Given that the interest to investment ratio, which is the return on investment is larger when more money is saved at the beginning as in option 3, it is better to invest more money at the beginning.

Learn more about future value of an annuity here:

brainly.com/question/8243704

3 0

2 years ago

Question One:

Jobisdone [24]

Probability that 2 of the 10 chargers will be defective =0.35

Number of ways of selecting 10 chargers from 20 chargers is 20C10

20C10 = 184756

Number of ways of selecting 10 chargers from 20 = 184756

Number of ways of selecting 2 defective chargers from 5 defective chargers = 5C2

5C2 = 10

Since 2 defective chargers have been chosen, there remains 8 to choose

Number of ways of selecting 8 good chargers from 15 remaining chargers = 15C8

Number of ways of selecting 8 good chargers from 15 remaining chargers = 6435

Probability that 2 of the 10 will be defective =

(10x6435)/184756

Probability that 2 of the 10 will be defective = 64350/184756

Probability that 2 of the 10 chargers will be defective =0.35

Learn more on probability here: brainly.com/question/24756209

8 0

2 years ago

Solve 5x - 8y = 11 for y.

disa [49]

Answer:

y = $\frac{5x-11}{8}$

Step-by-step explanation:

Given

5x - 8y = 11 ( subtract 5x from both sides )

- 8y = 11 - 5x ( multiply through by - 1 )

8y = - 11 + 5x = 5x - 11 ( divide both sides by 8 )

y = $\frac{5x-11}{8}$

3 0

2 years ago

A horse ran 800 meters in 40 seconds , 1200 meters in 60 seconds , and 480 meters in 24 seconds . Is this a proportional relatio

frosja888 [35]

Answer:

This is a proportional relationship, the constant of proportionality is 20m/s and it represents that the horse can run 20 meters every second.

Equation: d = 20s, where d=distance and s=number of seconds.

Step-by-step explanation:

In order to find out whether this relationship is proportional, you need to see if the rate at which the horse runs is constant (the same). If you look at the three sets of data (24, 480), (40, 800) and (60, 1200) where the pair is (seconds, meters), you can see that for any two sets of data the change in meters divided by the change in seconds is consistently 20m/s. For example:

$\frac{1200-800}{60-40}=\frac{400}{20}=20$

Since the constant is 20, we know that the horse can run 20 meters every second. To find the horse's total distance, we need to multiply the rate by the number of seconds that it runs:

d = 20s

8 0

3 years ago

What is the equation of a line passes thru the point (4, 2) and is perpendicular to the line whose equation is y = ×/3 - 1 ??

cupoosta [38]

Answer:

Perpendicular lines have slopes that are opposite and reciprocal. Therefore, the line we are looking for has a -3 slope.

y= -3x+b

Now, we can substitute in the point given to find the intercept.

2= -3(4)+b

2= -12+b

b=14

Finally, put in everything we've found to finish the equation.

y= -3x+14

5 0

2 years ago

Read 2 more answers