Suppose you obtain a $3,000 T-note with a 3% annual rate and maturity in 5 years. How much interest will you earn?
1 answer:
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Answer:
The answer is 28/9
Step-by-step explanation:
Step one
Given information
We are given that the function is
And we are expected to find f(6), that is substitute the value of x with 6
Step two:
Answer:
y=1
Step-by-step explanation:
you can use those points to find the slope
use the equation then plug in the numbers
so (1-1)/(-8-7) = 0/15 so the slope is zero meaning it is a horizontal line which we can tell logically because the y coordinates of both points are 1.
so if you plug those numbers into the formula y=mx+b where m is slope and b is the y intercept then
you get y=0*x+1
then 0*x is just zero and it goes away so the equation for this line is y=1
Hope this helps! :)