2500 principal earning 4%, compounded quarterly, after 4 years.
1 answer:
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Answer:
D
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m =
with (x₁, y₁ ) = (- 4, 29) and (x₂, y₂ ) = (0, 28) ← 2 ordered pairs from the table
m = = -
The line crosses the y- axis at (0, 28 ) ⇒ c = 28
y = - x + 28 ← equation of line → D