Answer:
2468.11 dollars
Step-by-step explanation:
Amount that should be available after four years =3000 $
Interest rate = 5%
No of years =4
Let P be the principal invested
Then
Hence 2468.11 dollars should be deposited to get 3000 dollars after 4 years at 5% interest.
Answer:
Slope is -3/7. Y intercept is 250/7.
Step-by-step explanation:
Since they asking for the slope and y intercept, let put it in slope intercept form.
where m is the slope and b is the y intercept.
The equation given is in standard form so we will convert it to slope intercept.
The slope is -3/7
The y intercept is 250/7