Answer:
y + 1 = 3(x - 1)
Step-by-step explanation:
The given point is (1,-1) meaning that x1 = 1 and y1 = -1
The slope of this line is m = 3 because we go up 3 and over to the right 1 (eg: go from the point (1,-1) to (2,2) to see this in action)
Plug these three pieces of info into the point slope formula below
y - y1 = m(x - x1)
y - (-1) = 3(x - 1)
y + 1 = 3(x - 1)
Answer:
$4040.57
Step-by-step explanation:
A=P(1+(r/n))^nt
P = Principal = 3000
r = rate = 0.03
n = no. times payed each year = 2
t = years = 10
A = 3000(1 + (0.03/2))^(2x10)
A = 3000(1.015)^20
A = 4040.57 (2.d.p)
Hope this helped!
