15. Identify the slope of the line graphed below? *
2 answers:
Answer:
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
- Left to Right<u> </u>
<u>Algebra I</u>
- Reading a coordinate plane
- Coordinates (x, y)
- Slope Formula:
Step-by-step explanation:
<u>Step 1: Define</u>
<em>Identify points from graph</em>
Point (0, -1)
Point (1, 1)
<u>Step 2: Find slope </u><em><u>m</u></em>
Simply plug in the 2 coordinates into the slope formula to find slope <em>m</em>
- Substitute in points [Slope Formula]:
- [Fraction] Subtract:
- [Fraction] Divide:
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Answer:
The correct estimate of the amount generated to the local economy is $3,333,333.
Step-by-step explanation:
The amount the expected to be generated for the local economy = $3.3 million
The amount of salaries that will generate $3.3 million = $1 million
The percentage of the amount of the salaries and the subsequent earnings expected to be spent on the local community = 70%
Therefore, we have;
For a first amount of 1 million into the economy, the next amount to into the economy is 70/100 × 1 million = 700,000, then we have 70/100 × 700,000 and so on, which is a geometric sequence, with first term, a = $1 million, the common ratio, r = 70/100 = 0.7, the number of terms = Infinity = ∞
The sum of a geometric sequence to infinity is given as follows;
Substituting the known values gives;
Therefore, the correct estimate of the amount generated to the local economy by the $1 million salaries that will be paid = $3,333,333..