Claire is going to invest $2,600 and leave it in an account for 18 years. Assuming the interest is compounded continuously, what
2 answers:
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Answer:
Step-by-step explanation:
Hi there!
Slope-intercept form: where m is the slope and b is the y-intercept (the value of y when the line crosses the y-axis)
<u>1) Determine the slope</u>
where the two given points are
and
Plug in the given points (-1, 4) and (0, 2)
Therefore, the slope of the line is -2. Plug this into :
<u>2) Determine the y-intercept</u>
Recall that the y-intercept is the value of y when the line crosses the y-axis, meaning that the y-intercept occurs when x is equal to 0.
One of the given points is (0,2). Notice how y=2 when x=0. Therefore, the y-intercept of the line is 2.
Plug this back into the equation:
I hope this helps!
Answer:
The 2 tickets will cost £44.10 after the increase.
Step-by-step explanation:
First, you have to multiply £19.60 by 12.5% to find the increase in the cost of tickets.
Add the price increase to the original cost to find the new cost of each ticket.
Multiply the result by 2 since you have to look for the cost of the 2 tickets.