Answer:
222! thats your answer!
Step-by-step explanation:
Answer:
$110.37
Step-by-step explanation:
Assuming the monthly payment is made at the beginning of the month, the formula for the monthly payment P that gives future value A will be ...
... A = P(1+r/12)((1+r/12)^(nt) -1)/(r/12) . . . . n=compoundings/year, t=years
... 14000 = P(1+.11/12)((1+.11/12)^(12·7) -1)/(.11/12)
... 14000 = P(12.11)((1+.11/12)^84 -1)/0.11 ≈ P·126.84714 . . . . fill in the given values
... P = 14000/126.84714 = 110.37 . . . . . divide by the coefficient of P
They should deposit $110.37 at the beginning of each month.
<h3><u>
Answer:</u></h3>
Hence, the equation of line is:
y= -6x
<h3><u>
Step-by-step explanation:</u></h3>
Clearly from the graph we could see that the line passes through the point (0,0) and (-1/2,3).
Also we know that the equation of a line passing through (a,b) and (c,d) is given as:

Here we have:
(a,b)=(0,0) and (c,d)=(-1/2,3)
Hence, the equation of line is:

Hence, the equation of line is:
y= -6x