Answer:
y - 1 = -4(x - 4)
Step-by-step explanation:
The point-slope form looks like y-k = m(x-h), where (h,k) is a point on the line and m is the slope.
Here, y - 1 = -4(x - 4). This is in point-slope form.
Answer:
The solution and complete explanation for the above question and mentioned conditions is given below in the attached document. I hope my explanation will help you in understanding this particular question.
Step-by-step explanation:
The answer would be a 5% discount.
Let the total amount that Sarah deposited be $x
using the annuity formula:
A=P[((1+r)^n-1)/r]
A=future value
r=rate
n=number of years
from the information given:
A=$500000
r=2.75%
n=65-42=23 years
p=$x
thus plugging our values in the formula we get:
500000=x[((1+0.0275)^(23)-1)/(0.0275)]
500000=31.50x
x=15,872.04883
She deposited 15,873.04883 per year
The monthly deposit will therefore be:
15873.04883/12=$1322.67
21.77 you can also type that in in the google search bar and your answer will pop up
