You set it up as a y=mx+b problem 150=55x+40 then you subtract 40 from 150 making 110=55x so x=2
If the cost increases $0.90 every three years , then the cost increases $0.30 per year. the slope will be 0.3/1 or just 0.3
Answer:
If this answer is correct please make me as a brainlist
Step-by-step explanation:
Let's look at what we know. We know that...
P=2000
r=0.04 (Change 4% to a decimal)
t=7 (25 years minus 18 years equals 7)
n=1
Since we are compounding each year, we need to use this equation: 
Now just plug the numbers in: (Answer to #1:) 
This equals 2631.86
When we round, this equals to $2,632. (Answer to #2).
Answer:
A
Step-by-step explanation:
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