The equation y=0.02x+250 gives the weekly income y in terms of sales x.
Step-by-step explanation:
Given,
Weekly salary of real estate agent = $250
Commission rate = 2%
Let,
x be the sales per week.
y be the total weekly income.
Amount of commission = 2% of sales per week
Amount of commission = 
Amount of commission = 0.02x
Total weekly income = Amount of commission + Weekly salary
The equation y=0.02x+250 gives the weekly income y in terms of sales x.
Keywords: equation, percentage
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Answer:
y=2/3 x+2
Step-by-step explanation:
The equation of a linear graph is given as
y=mx+c
m is the slope of the line while c is the y intercept
As shown from the graph, the y-intercept is 2
The slope can be calculated by diving the height by the length:
2/3
y=2/3 x+2
Answer:
59.26.
Step-by-step explanation:
I think!
Answer:
$1136.60
Step-by-step explanation:
The formula for exponential growth is f(x) = a(1 + r)^x where a is the initial value, r is the growth rate, and x is the number of time intervals.
We know that Mr. Paris starts with an $1800 initial value, so we can substitute that into the equation:
f(x)=1800(1 + r)^x
We also know the time intervals is 6 months. So that can be substituted as well:
f(x)=1800(1 + r)^6
They told you that the growth rate is 8.5%, which is 0.085 of 1.
f(x)=1800(1 + 0.085)^6
Add the 2 values in the parentheses and you get 1.085
f(x)=1800(1.085)^6
Now solve.
Order of operations requires you to raise 1.085 to the 6th power before multiplying by 1800. So then you have this:
1800(1.63146751) = 2936.64152. That rounds to 2936.60
So $2936.60 is the total amount of money in the bank account, but were looking for the interest earned, which is the difference between the end value and the initial value.
$2936.60 - $1800 = $1136.60
130.95 rounded to the nearest tenths place is 131.0
A five or above means you round up.
