B is correct
12/3=4
-> 3 x 4 = 12
Answer:
$199,142
Step-by-step explanation:
Given that
The value of the house i.e. assets is $432,600
The mortgage i.e. liability is $233,458
We need to find out the equity
As we know that
The accounting equation is
Total assets = Total liabilities + total equity
$432,600 = $233,458 + total equity
So, the total equity is
= $432,600 - $233,458
= $199,142
we are given

now, we can compare it with

we can find b
we get

now, we are given
How would the graph change if the b value in the equation is decreased but remains greater than 1
Let's take
b=1.8

b=1.6

b=1.4

b=1.2

now, we can draw graph
now, we will verify each options
option-A:
we know that all y-value will begin at y=0
because horizontal asymptote is y=0
so, this is FALSE
option-B:
we can see that
curve is moving upward when b decreases for negative value of x
but it is increasing slowly for negative values of x
so, this is FALSE
option-C:
we can see that
curve is moving upward when b decreases for negative value of x
but it is increasing slowly for negative values of x
so, this is TRUE
option-D:
we know that curves are increasing
so, the value of y will keep increasing as x increases
so, this is TRUE
option-E:
we can see that
curve is moving upward when b decreases for negative value of x
but it is increasing slowly for negative values of x
so, this is FALSE