Find c such that (−3,−8), (−7,−6), and (c,4) lie on a line.
1 answer:
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Given:
Annual interest rate = r%
Growth factor : x = 1 + r
The below function gives the amount in the account after 4 years when the growth factor is x .
To find:
The total amount in the account if the interest rate for the account is 3% each year and initial amount.
Solution:
Rate of interest = 3% = 0.03
Growth factor : x = 1 + 0.03 = 1.03
We have,
Substitute x=1.03 in the given function, to find the total amount in the account if the interest rate for the account is 3% each year.
Therefore, the total amount in the account is 2431.31 if the interest rate for the account is 3% each year.
For initial amount the rate of interest is 0.
Growth factor : x = 1 + 0 = 1
Substitute x=0 in the given function to find the initial amount.
Therefore, 2250 was put into the account at the beginning.
We know that
the equation of a line in <span>slope intercept form is--------------> y=mx+b
where
m-----------> is the slope
b-----------> is the y-intercept point when x=0
</span><span>y+7=-1/7(x+4)---------> y+7=(-1/7)x-4/7
</span>y+7=(-1/7)x-4/7------> y=(-1/7)x-4/7-7------> y=(-1/7)x-(53/7)
the answer is
y=(-1/7)x-(53/7)-------------> this is the equation of a line in slope intercept form
m=(-1/7)=-0.14
b=(-53/7)=-7.57
y=-0.14x-7.57
see the attached figure
the equation of a line in <span>slope intercept form is--------------> y=mx+b
where
m-----------> is the slope
b-----------> is the y-intercept point when x=0
</span><span>y+7=-1/7(x+4)---------> y+7=(-1/7)x-4/7
</span>y+7=(-1/7)x-4/7------> y=(-1/7)x-4/7-7------> y=(-1/7)x-(53/7)
the answer is
y=(-1/7)x-(53/7)-------------> this is the equation of a line in slope intercept form
m=(-1/7)=-0.14
b=(-53/7)=-7.57
y=-0.14x-7.57
see the attached figure