Answer:
The hundreds place
Step-by-step explanation:
If you divide it
it would start out on the 4
Which is the hundreds Place
4/3
To find slope use the formula (y2-y1)/(x2-x1)
In this case it is (10-6)/(6-3)
for x = 0 ; we have f(x) = 0,5
We can eliminate the first and the last proposal because
f(x) = 0,2(0,5ˣ) ⇒ f(0) = 0,2(0,5⁰) = 0,2 × 1 = 0,2 ≠ 0,5
f(x) = 0,2(0,2ˣ) ⇒ f(0) = 0,2(0,2⁰) = 0,2 × 1 = 0,2 ≠ 0,5
Try for x = 1, we have f(x) = 0,1
f(x) = 0,5(5ˣ) ⇒ f(1) = 0,5 × 5 = 2,5 ≠ 0,1
f(x) = 0,2(0,5ˣ) ⇒ f(1) = 0,2(0,5) = 0,1 ⇒ ok
So the answer is f(x) = 0,2(0,5ˣ)
the slope is 1/2
3-1 2
9-5 4
1/2
$919.98
To solve using a financial calculator do
N=8
I/Y=10
PMT=85
FV=1000
CMPT PV get 919.98
To do by hand find the present value of the interst payments
85*(1-(1/1.1)^8)
which is 453.4687
Find the present value of the final ballon payment
1000*(1/1.1)^8
which is 466.507
take the sum
466.507+453.4678= 919.98
