y = -3x - 2
Since a < 0 we have a decreasing line, so it can be only the first or the last
And if we solve the equation for y = 0 we have
0 = -3x - 2
3x = -2
x = -2/3
So, the last one is the right
First, write out the given datas
Interest I = $11,000
Rate R = 9.5%
Time T = 15 years
Principal P = ?
Next, use the Interest formula below, to find the Principal p.
Next, substitute the value of I, T and R to find the Principal.
Final answer:
P = $7719.3
Answer:
not much
Step-by-step explanation: