Can someone help me please
1 answer:
9514 1404 393
Answer:
slope = 1
Step-by-step explanation:
In the attachment, we have shown rise and run as 3 units each. The segments could be drawn 1 unit long. In any event, the ratio is the slope:
slope = rise/run = 3/3
slope = 1
_____
It is most convenient to draw the rise and run segments from/to places where the line crosses grid intersections. Often, but not always, the y-intercept will be such a point. Then you can look for the nearest grid crossing for figuring rise and run.
Here, the y-intercept is (0, 1), and the closest grid crossing to the right is (1, 2). The rise is 2-1 = 1, and the run is 1-0 = 1. The ratio is 1/1 = 1, same as above. The ratio of rise to run will be the same everywhere for a straight line.
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Answer:
Their monthly house payment is of $2,184.65.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
A family buys a new home for $212,500 and pays a 20% down payment ($42,500).
This means that the loan is of 212,500 - 42,500 = $170,000, that is,
Value of the loan in 15 years:
15 years means that
5.75% interest means that
Compounded yearly, so
Then
Monthly payment:
Total of $393,237 in 15*12 months. So
Their monthly house payment is of $2,184.65.