You plug in numbers -3 to 3 into the x variable of the equation and then plot those points
y = -2x
X = -3 y = (-2)(-3) = 6
X = -2 y = (-2)(-2) = 4
X = -1 y = (-2)(-1) = 2
X = 0 y = (-2)(0) = 0
X = 1 y = (-2)(1) = -2
X = 2 y =(-2)(2) = -4
X = 3 y = (-2)(3) = -6
In case that looks a little cluttered here are the points to graph:
(-3, 6) (-2, 4) (-1, 2) (0, 0) (1, -2) (2, -4) (3, -6)
Looks correct. :)...........
Answer: No
There is no logical way to get ‘5n’
The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
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