The slope of this line is 1
Answer:
Option B. 8.6%
Step-by-step explanation:
Simple index of two stocks: i=?
i=[(5,000*5.1+2,500*7.45)/(5,000*4.5+2,500*7.25)-1]*100%
i=[(25,500+18,625)/(22,500+18,125)-1]*100%
i=[(44,125)/(40,625)-1]*100%
i=[1.086153846-1]*100%
i=[0.086153846]*100%
i=8.6153846%
i=8.6%
Answer:
Step-by-step explanation:
2nd
3th
What we use?
We use that
and
The equation of a line in point-slope form is y-6=1/3(x-2) remember point-slope is y1-y2=m(x1-x2)
Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
