Answer:
m = 1 / 6
Step-by-step explanation:
Use this formula y2 - y1 / x2 -x1 to find the slope.
6 - 5 / 8 -2 = 1/6
Sample Response:
<em>The linear equations have the same slope, so the rate of change for each is the same. As long as the rate of change is the same, the lines will stay the same distance apart and not intersect.</em>
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Answer:
£6911 is the smallest amount Cynthia should invest to get £8000 after three years
Step-by-step explanation:
lets Assume that amount needs to invested for three years = £ x Rate of Interest = R = 5% per year Duration in years = n = 3 year
Amount expected after three years when compounded annually = A = £8000 Formula for Amount of compound interest annually is a follows A = P( 1 + R/100)^n In our case Principal P = x , Amount A = 8000 , R = 5% and n = 3( since compounded annually). On substituting these values in above formula we get 8000 = x ( 1 + 5/100)^3 ⇒8000 = x ( 105/100)^3 ⇒8000 = x ( 21/20 )^3 ⇒(8000 × 20 × 20 × 20)/(21×21×21) = x ⇒x = 6910.70≈6911
Hence £6911 is the smallest amount Cynthia should invest to get £8000 after three years
