<u>y = 3x - 2</u>
-- The ' 3 ' is the slope. If you double it to ' 6 ', the line is steeper.
-- The ' -2 ' is the y-intercept. If you double it to ' -4 ', the line crosses the y-axis lower.
Choice <u>(a)</u> says that . . . "... steeper, and lower y-intercept".
Apologies for the bad handwriting.
Answer:xryuvb
Step-by-step explanation:
Answer:
Henry does not make money if he does not sell any apples.
Step-by-step explanation:
Henry sells apples. The graph of the relationship between the price of apples and their total weight passes through the point (0,0) or origin.
Now, we have to clarify the meaning of the point (0,0) on the graph.
We choose from the options that Henry does not make money if he does not sell any apples.
Therefore, option D will be the correct one. (Answer)
The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
