Matthew deposits $400 into an account that earns 7% interest compounded quarterly. What is the balance in his account after 10 y
ears? (Round to the nearest dollar)
2 answers:
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Answer:
Option C) The symbol y represents the predicted value of price.
Step-by-step explanation:
We are given the following in the question:
We find a regression equation with x representing the ratings and y representing price.
The equation has a slope of 130 and a y-intercept of 350.
Comparing with the slope intercept form:
Thus, we can write the equation as:
Here, y is the predicted variable that is the price, c is the price of hotel when a rating of 0 is given.
Thus, symbol y represents:
C) The symbol y represents the predicted value of price.
Answer:
The hourly fee for rototiller is $3 per hour.
Step-by-step explanation:
We are given the following in the equation:
The rental company charged an initial fee of $43 with an additional fee per hour.
Let h represents the hourly fee.
The family paid $64 after renting the rototiller for 7 hours.
Thus, we can write the equation:
Solving the equation, we get,
Thus, the hourly fee is $3 per hour.
Equation:
where C(x) is the cost function and x is the number of hours rototiller is rented.
The hourly fee for rototiller is $3 per hour.