We start by finding the intercept of the line: what does y equal when x=0? and what does x equal when y=0?
• intercept in x
y = 12 + 2x
0 = 12 + 2x
-12 = 2x
-6 = x
• intercept in y
y = 12 + 2x
y = 12 + 2(0)
y = 12 + 0
y = 12
Now we find three more points giving y a value and finding x
y = 12 + 2x
2 = 12 + 2x
2-12 = 2x
-10 = 2x
-5 = x
y = 12 + 2x
6 = 12 + 2x
6 - 12 = 2x
-6 = 2x
-3 = x
y = 12 + 2x
14 = 12 + 2x
14 - 12 = 2x
2 = 2x
1 = x
Notice how I gave y even numbers as values since we would have to divide with 2 at the end.
Sol. {(-6,0)(0,12)(-5,2)(-3,6)(1,14)}
First answer should be correct ..
The early withdrawal fee on this account is $6.25
Step-by-step explanation:
Suppose you buy a CD for $1000
- It earns 2.5% APR and is compounded quarterly
- The CD matures in 5 years
- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest
We need to find the early withdrawal fee on this account
∵ The annual interest is 2.5%
- Change it to decimal
∵ 2.5% = 2.5 ÷ 100 = 0.025
∴ The annual interest rate is 0.025
∵ The interest is compounded quarterly
∴ The interest rate per quarter = 0.025 ÷ 4 = 0.00625
∵ The early withdrawal fee is 3 months' interest
∵ You buy the CD for $1000
∵ A quarter year = 3 months
∴ The early withdrawal fee = 1000 × 0.00625 = $6.25
The early withdrawal fee on this account is $6.25
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Answer: −7g+2
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