4 (1/2 + 5/4) + -5
4 7/5 + -5
5 3/4 + -5
3/4
Step-by-step explanation:
the slope of a line is the ratio y/x.
that means when going from one point to the other, how many units is y changing, when x changes a certain number of units.
so, going from one point to the other here, x changes by 30 units (from -12 to +18). and y changes 15 units (from -9 to 6).
therefore, the slope is
15/30 = 1/2
The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
