Step-by-step explanation:
Divide $53.00 by 4 to represent how much each friend has paid for.
Each friend has paid $13.25 to Hunter.
2 or 3 I would say... hope that helps : )
Answer:
The value after three years is $137,027.97
Step-by-step explanation:
Here, we want to get the value of the home after 3 years
Generally, we have the exponential formula as follows;
y = P(1 + r)^t
where P is the original cost which is $124,400
r is the rate of increase which is 3% = 3/100 = 0.03
t is the time which is 3 years
Substituting these values;
y = 125400(1 + 0.03)^3 = $137,027.97
Plug in (7, 12) for x and y in the equation.
12 = 2(7) + 1
12 = 14 + 1
12 ≠ 15
Therefore, (7, 12) is not on the straight line equation.
