Maya will deposit $1,650 in an account that earns 5% simple interest every year. Her brother, James, will deposit $1,600 in an a
1 answer:
You might be interested in
Answer (<u>assuming it can be in point-slope form)</u>:
Step-by-step explanation:
Use the point-slope formula to write the equation of the line. Substitute real values for
,
, and
in the formula.
Since represents the slope, substitute 1 in its place. Since
and
represent the x and y values of a point the line intersects, substitute the x and y values of (4,3) in its place. Substitute 4 for
and 3 for
. This gives the following equation and answer in point-slope form:
Solution:
Let the cumulative costs of the plans will be equal after x months.
Then we can write
Hence after 10/29th Month cost will be equal.
and that cost $