Answer:
10
Step-by-step explanation:
Slope (m) of two points is expressed as :
m = (y2 - y1) / (x2 - x1)
Given m = 2
the equation becomes;
2 = (r - 2) / (10 - 6)
2 = (r - 2) / 4
cross multiplying becomes ;
2 * 4 = r - 2
8 = r - 2
r = 10
It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
400000 10 to the fifth power is 100000, so when you switch out the 1 for a 4, it become 400000.
