Find the future amount at the end of four years for a $3000 investment that earns 5% at the end of each year
1 answer:
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Answer: No slope / undefined
Step-by-step explanation:
Concept:
Here, we need to know the idea of a slope.
The slope is the measure of the steepness of a line.
The basic formula of slope is [Rise / Run] which is basically [Y] value (vertical) over [X] value (horizontal)
If you are still confused, please refer to the attachment below for the full formula.
Solve:
(7 ,1)
(7, -2)
Slope = (1 - (-2)) / (7-7)
Slope = (3) / 0
Slope = Undefined
Indeed, it is a vertical line. By definition, a vertical line has no slope.
Hope this helps!! :)
Please let me know if you have any questions or need further explanations
