Answer:
FV= $436.72
Step-by-step explanation:
Giving the following information:
Initial cost (PV)= $500
Decrease rate (d)= 7% per year
Number of periods (n)= 2 years
<u>To calculate the future value after 2 years, we need to use the following formula:</u>
FV= PV / (1 + d)^n
FV= 500 / (1.07^2)
FV= $436.72
X = 5
Move the variable then cells to like terms and simplify
Answer:
y = - 7
Step-by-step explanation:
The equation of a horizontal line parallel to the x- axis is
y = c
where c is the value of the y- coordinates the line passes through.
The line passes through all points with a y- coordinate of - 7, then
y = - 7 ← equation of line
Answer:
y = - x + 3
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m =
with (x₁, y₁ ) = (- 2, 5) and (x₂, y₂ ) = (4, - 1)
m = = = - 1, thus
y = - x + c ← is the partial equation
To find c substitute either of the 2 points into the partial equation
Using (4, - 1 ), then
- 1 = - 4 + c ⇒ c = - 1 + 4 = 3
y = - x + 3 ← equation of line