You use the formula Interest=principle (rate) time or i=prt. If you use that formula to solve, your answer will be 3,500. After five years, the balance will be $3,500.
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Hi There!
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Question 2:
Obviously the right equation for this question is Point Slope Form.
Point Slope Form: y - y1 = m(x - x1)
y1 = -1
x1 = 3
m = 2
Question 2 Answer: y + 1 = 2(x - 3)
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Question 3:
Again use point slope form.
Find Slope:
7 - 1 = 6
-2 - 1 = -3
6/-3 = -2
Question 3 Answer: y - 1 = -2(x - 1)
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Hope This Helps :)
The salesman earns $850 per automobile he sells.
Since x represents the amount of automobiles the salesman sells, we can apply the commission as a coefficient to this variable. Therefore, the total commission that the salesman earns can be represented by $850x.
The bonus cheque is only received if the salesman's commission income is <em>at least </em>$6,800. 'at least' means that the salesman can still receive the cheque if his commission is exactly $6,800. The sign that we can use for this situation is the greater than or equal to sign, ≥.
The inequality that shows the commission income needed for the cheque is $850x ≥ $6,800. However, this question asks for the number of automobiles the salesman must sell to get the cheque.
Divide both sides by $850, as that represents his sales from one commission:
x ≥ 8
The inequality x ≥ 8 represents the amount of automobiles the salesman will need to sell to get the bonus cheque.
