Answer:
His balance is $4,849.65 after 5 years
Step-by-step explanation:
A = P(1 + r/n)^nt
A = future value = ?
P = present value = $4,500
r = interest rate = 1.5% = 0.015
n = number of periods = 4
t = time = 5 years
A = P(1 + r/n)^nt
= 4,500(1 + 0.015/4)^4*5
= 4,500(1 + 0.00375)^20
= 4,500(1.00375)^20
= 4,500(1.0777)
= 4,849.65
A = $4,849.65
His balance is $4,849.65 after 5 years
Y intercept is -2 (the y intercept is found by seeing where the line passes the y axis)
slope is 5/2 or 2.5
equation is: y = 2.5x -2
The constant number or term here is 7<span />
I think the correct answer from the choices listed above is option A. It would be point that can be represented by coordinates x comma y. <span>A </span>point<span> is an exact position or location on a plane surface it is characterized by and x and y coordinate. Hope this answers the question.</span>