Answer:
$81.03
Step-by-step explanation:
Given
--- annually
--- time
--- rate
---- Present value
Required
The future value
This is calculated as:
This gives:
<em>The future value to the nearest cent is: $81.03</em>
Please help thank you :)
1 answer:
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Answer:
y=2x+1
Step-by-step explanation:
Since we are given a point and a slope, we can use the point slope formula
m is the slope. In this case, m is 2.
y1 is the y coordinate of the point given. y1 is 3.
x1 is the x coordinate of the point given. x1 is 1
y-3=2(x-1)
Now, we need to get the equation into point slope form: y=mx+b
To do this, we need to get y by itself
First, distribute the 2 on the right
y-3=2*x+ 2*-1
y-3=2x-2
Add 3 to both sides
y-3+3=2x-2+3
y=2x+1
The equation is in y=mx+b form, so our final equation is:
y=2x+1