Identify the equation in slope-intercept form for the line containing the point (2,1) and parallel to y=5/3x−1/3.
1 answer:
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Assuming the inteest is annual, since it's simple that means we just have to analyze:
, where r is our interest rate as a decimal, t is time, p is our principal investment and A is our ending value. So, in the context of our problem this becomes:
, which when evaluated by our trusty calculator becomes:
7657.68938,
which is rounded to 7500 in the problem.
Answer:
New point location is (2,0)
Explanation:
I’ve attached my work
Hope it helps, let me know if you have any questions !
New point location is (2,0)
Explanation:
I’ve attached my work
Hope it helps, let me know if you have any questions !