Answer:
m = 1, y = 1
x + 10
Step-by-step explanation:
The equation of a line is y = mx + c where m is the slope and c is the y-intercept. I will be calculating the slope using the points (7, 2) and (0, 10)
m =
=
=
= 1
Based on the graph, the y-intercept is 10. Thus, the equation of the line is 1x + 10.
Answer:
c. quarterly
Step-by-step explanation:
To start with 1 year is equal to twelve months
3months out of 12 months will be;
3/12= 1/4
Here it is compounded quarterly and n=4 where n is the number of compoundings a year.
Lets study the compound interest formula;
where;
A=The ending amount
P=Starting amount
r=rate of interest expressed as a decimal
n=number of compoundings a year
t=total number of years
The number of compoundings in any one year can be an interest compounded yearly where n=1, semi-annually with n=2, quarterly where n=4, monthly where n=12, weekly and n=52 and finaly daily with n=365.