Answer: 722.5 this is after sale
Answer:
C=x+200
the y intercept is 200.
the y intercept represents $200 after 0 phones
Answer:
x=3/8, y=-7/8. (3/8, -7/8).
Step-by-step explanation:
y=-5x+1
y=3x-2
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-5x+1=3x-2
-5x-3x+1=-2
-8x+1=-2
-8x=-2-1
-8x=-3
8x=3
x=3/8
y=3(3/8)-2=9/8-2=9/8-16/8=-7/8
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.