Answer:
To answer this question, more information needs to be disclosed.
The loan proceeds will be given as follows:
A=P(1+r/100)^n
Plugging the values we obtain
n=4 months=
A=1000(1+12/3*100)^1
A=$1040
hence the proceeds will be:
1040-1000=$40
Answer:
y = x + 2
If you use y = x, it will become in the direction of that line. I am assuming 1 block = 1 unit of measurement, so y = x + 2.
