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We have to determine the equation of the line passing through the point (2,-5) and parallel to the line
When two lines are parallel, then the slopes of the two lines are equal.
Equation of line with point and slope 'm' is given by:
Since, we have to determine the equation of a line with point (2,-5).
So, the equation of the line is :
Since, the line is parallel to the line
So,
So, slope of the line 'm' is .
Therefore, the equation of the line is:
Therefore, is the required equation of the line.
Answer:
1. $361800
Step-by-step explanation:
Given,
principle balance=$670
interest rate=8%
A= Final amount
P= initial Principal balance
r= interest rate
n= number of times interest applied per time period
t= number of times period elapsed
compound interest formula,
Therefore the Present value is $361800