Largest to Smallest:-
First lets write all the numbers down. 45, 94, 85, 490, 85, 93, 85, 035, 85.
035 is 35.
So lets order them now.
The biggest number is 490 and smallest is 35 (035).
490 - 94 - 93 - 85 - 85 - 85 - 85 - 035 (35)
Using the x and y intercepts from the graph to find the slope of the line:
slope = (0 - 2) / (4 - 0)
slope = -1/2
Using the point-slope form:
y - 0 = -1/2 (x - 4)
-2y = x - 4
4 = x + 2y
Coefficient of x is 1 and coefficient of y is 2.
P = $70, p = 2.5% = 0.025
q = 1 + 0.025 / 12 = 1.002
Future value of a periodic deposit:
A = P · q · ( q^30 - 1 ) / ( q - 1 )
A = 70 · 1.002 · ( 1.002^30 - 1 ) / ( 1.002 - 1 )
A = $2,166
Answer:
He will have $2.166 in 30 months.
