PLEASE HELP!!!!! 1.) Line a passes through points (-2, 1) and (2, 9). Write an equation in slope intercept form that is parallel
2 answers:
Answer: y=2x+5
Step-by-step explanation:
To find line a in slope-intercept form, we first want to find the slope. The formula for slope is .
Now that we know the slope, we can plug in any point to find the y-intercept.
y=2x+b [plug in any point]
9=2(2)+b [multiply]
9=4+b [subtract both sides by 4]
b=5
The final equation is y=2x+5.
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Answer:
First of all, this question is not complete. So, we will be hypothetically create two accounts and try to choose the one with the greater profit.
Choice 1 = X = Final Amount after 12 years = $5600
Choice 2 = Y = Final Amount after 12 years = $6285.50
Hence, Lorena should choose choice 2, as it gives more profit over than choice 1.
Step-by-step explanation:
First of all, this question is not complete. So, we will be hypothetically create two accounts and try to choose the one with the greater profit.
Initial Deposit Amount = $3500
Time period = 12 years
Let's Suppose Lorena has two X and Y choices of accounts at H-town Bank.
X = simple interest of 5% over the initial amount for 12 years.
Y = Compound interest 5% over the initial amount for 12 years.
Solution:
Let's calculate the profit for choice 1 = X
Simple interest = 5%
Initial amount = $3500
Time period = 12 years
Formula = A = P (1 + rt)
where, A = Final amount after 12 years
t = time period in years = 12
P = initial amount to be deposited = $3500
r = annual interest rate = 5%
Plug in the values to get the total amount.
A = 3500(1+0.05x12)
A = $5600 = final amount Lorena will get after 12 years.
Let's calculate the profit for choice 2 = Y
Compound interest = 5%
Initial amount = $3500
Time period = 12 years
Formula = A = P
where,
A = Final amount after 12 years
t = time period in years = 12
P = initial amount to be deposited = $3500
r = annual interest rate = 5%
n = number of times interest rate is applied or compounded. = 12
Plug in the values to get the total amount.
A = P
A = $6285.50
Hence, Lorena should choose choice 2, as it gives more profit over than choice 1.