You will lose money. Because $50 to make subtract $45 to sell (50-45) leaves you losing $5.
It could be either y = 12.75x or y = 13x. Check if you made a typing error because these rates are both better than B
Answer:
interest rate = 2.9%
Step-by-step explanation:
the principal is $25,000, the interest is $10,875
Number of years = 15
We use simple interest formula
I = P*r*t
Where I is the interest amount=10,875
P is the principal amount= 25000
r is the interest rate = r
t is the number of years = 15
Plug in all the value in the formula
I = P*r*t
10875 = 25000 * r * 15
10875 = 375000 * r
Divide both sides by 375000
r=0.029
We always write rate of interest in percentage so we multiply by 100
0.029 * 100= 2.9%
So interest rate = 2.9%
Answer:
m = 5,520.619
Step-by-step explanation:
The given equation is :
y=5,520.619x-1,091.393 ....(1)
The general form of equation is given by :
y = mx +c ...(2)
Where
m is slope of line
c is y-intercept
Comparing equation (1) and (2), we get :
Slope, m = 5,520.619
Hence, the slope of the given line is 5,520.619.
