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Calculate the slope of the line.Please help and explain
1 answer:
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Answer:
y = 2x - 1
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m =
with (x₁, y₁ ) = A(4, 7) and (x₂, y₂ ) = B(2,3)
m = =
= 2 , thus
y = 2x + c ← is the partial equation
To find c substitute either of the 2 points into the partial equation
Using (2, 3), then
3 = 4 + c ⇒ c = 3 - 4 = - 1
y = 2x - 1 ← equation of line
Solution :
Given :
Principal amount deposited, P = $ 6000
Rate of interest, r = 5%
Number of years, t = 4 years
When the deposited amount is compounded semiannually, i.e. n = 2
Therefore,
Future value,
= 6000 x 1.2184
= 7310.4
Therefore, after 4 years there will be $ 7310.4 in the amount when compounded semi annually.
When the deposited amount is compounded quarterly, i.e. n = 4
Therefore,
Future value,
= 6000 x 1.219889
= 7319.334
Therefore, after 4 years there will be $ 7319.334 in the amount when compounded quarterly.
When the deposited amount is compounded monthly, i.e. n = 12
Therefore,
Future value,
= 6000 x 1.22089
= 7325.34
Therefore, after 4 years there will be $ 7325.34 in the amount when compounded monthly.