A solution can be found using substitution by substituting the ordered pair into both of the original equations.
You use the rule , y2-y1/x2-x1 , to find the slope so the answer will be = 0-2/4-1 = -2/3
Remember you can do anything to an equation as long as you do it to both sides
and when multiply by negative, flip sign
8+h>2+3h
minus h both sides
8+h-h>2+3h-h
8+0>2+2h
8>2+2h
minus 2 both sides
8-2>2-2+2h
6>0+2h
6>2h
divide by 2 both sides
6/2>2h/2
3>1h
3>h
first opotin
Your question doesn't say what are the options, but we can make some reasoning.
The average daily balance method is based, obviously, on the <span>average daily balance, which is the average balance for every day of the billing cycle. Therefore, in order to calculate the average daily balance, you need to sum the balance of every day and then divide it by the days of the billing cycle.
In your case:
ADB = (9</span>×2030 + 21×1450) / 30 = 1624 $
Now, in order to calculate the interest, you should first calculate the daily rate, since APR is usually defined yearly, and therefore:
rate = 0.23 ÷ 365 = 0.00063
Finally, the expression to calculate the interest could be:
interest = ADB × rate × days in the billing cycle
or else:
<span>interest = ADB × APR ÷ 365 × days in the billing cycle
In your case:
interest = 1624 </span>× 0.23 ÷ 365 × 30
= 30.70 $
