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HenrComp./yr * 5yrsy
Answers (2)
Given: A(1,1) B(3,4), C(3,1). a. (AB)^2 = (3-1)^2 + (4-1)^2 = 13 AB = sqrt13. b. m = (4-1) / (3-1) = 3/2. Y = mx + b 1 = (3/2)*1 + b b = 1-3/2 = -1/2. Eq: Y = (3/2)x - 1/2.
P = Po(1+r)^n. r = 7.2% / 100% = 0.072 = Annual % rate expressed as a decimal. n = iComp/yr * 5yrs = 5 Compounding periods. P = Po(1.072)^5 = 12,033.52 1.41571Po = 12,033.52 Po = $8500. = Amt. borrowed.