Eric earned $100 in tips on Sunday waiting tables plus an additional $11.50 per hour. He earned at least $250 in all.
1 answer:
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Answer: y = x - 3
Step-by-step explanation:
Slope-intercept form is in the form of y=<em>m</em>x + <em>b</em> where m is the slope and b is the y-intercept.
We are given the slope, so we will plug this in.
y = <em>m</em>x + <em>b</em>
y = ()x + <em>b</em>
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Now, we will solve for the y-intercept by plugging in the point they give us.
y = ()x + <em>b</em>
(-2) = ()(5) + <em>b</em>
-2 = 1.25 + <em>b</em>
-3 = <em>b</em>
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Lastly, we will plug this variable into the equation we wrote above for our final answer.
y = x - 3
<em>Read more about writing a </em><em>slope-intercept form</em><em> equation for this problem here:</em>
<em>brainly.com/question/13874293</em>
Answer:
see the explanation
Step-by-step explanation:
we know that
step 1
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Applying property of exponents
step 2
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
Applying property of exponents
step 3
Compare the final amount
therefore
Find the difference
----> Additional amount of money you would have in your pocket if you had used a continuously compounded account with the same interest rate and the same principal.