The bank agrees to give you a loan of $7,000 with 1% simple interest over 2 years. How much will your monthly payments be?
1 answer:
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The slope is .
(Please comment if you want explanation)
Ok, My answer is marked wrong and I don't know why. Ok, kindakait asked for the slope of the line in the graph.
To find the slope of the line is or so they call
.
We can clearly see that to be at (-2,1) from (-4,5). You have to rise by <u>-</u><u>4</u> units and run by <u>2</u> units. Therefor:
.
If you are not satisfied yet. Let's try another points. (0,-3) and (1,-5) and this is obvious by just eyeballing it.
.
Answer:
$ 17.63
Step-by-step explanation:
Given,
The sales of the salesperson are,
$15.50, $18.98, $16.8, $14, $18.50, and $22,
Sum of sales = 15.50 + 18.98 + 16.8 + 14 + 18.50 + 22 = 105.78
Also, the number of sales = 6,
Thus, the average sale =
= $ 17.63