Using time value of money tables, calculate the following. Use (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D).
(a) The future value of $450 six years from now at 7 percent.
(b) The future value of $900 saved each year for 10 years at 8 percent.
(c) The amount a person would have to deposit today (present value) at an interest rate of 6 percent to have $1,000 five years from now.
(d) The amount a person would have to deposit today to be able to take out $600 a year for 10 years from an account earning 8 percent.

Answers

Answer 1

Using time value of money tables the following are -

(a) The future value of $450 six years from now at 7 percent is $675.33.

(b) The future value of $900 saved each year for 10 years at 8 percent is $13037.91.

(c) The amount a person would have to deposit today (present value) at an interest rate of 6 percent to have $1,000 five years from now is $747.26.

(d) The amount a person would have to deposit today to be able to take out $600 a year for 10 years from an account earning 8 percent is $8691.93.

What in annuity?

An annuity is a contract that you have with an insurance provider that calls for regular payments to be made by the insurer to you, either now or in the future.

(a) The future value of $450 six years from now at 7 percent.

FV= PV × (1 + r)n

FV= $450 × (1 + 7%)6

FV= $450 × (1.07)6

FV= $450 × 1.50073

FV= $675.33

(b) The future value of $900 saved each year for 10 years at 8 percent.

This is annuity as $900 is saved each year

Formula :: FV = PMT * (((1 + r%)n - 1) / r%)

FV = $900 × (((1 + 8%)10 - 1) / 8%)

FV= $900 × 14.4865624

FV= $13037.91

(c) The amount a person would have to deposit today (present value) at a 6 percent interest rate to have $1,000 five years from now.

PV= FV / (1 + r)n

PV= $1000 / (1 + 6%)5

PV= $1000 / 1.3382255

PV=$747.26

(d) The amount a person would have to deposit today to be able to take out $600 a year for 10 years from an account earning 8 percent.

Annuity value = $600

FV= Annuity value × Annuity factor(10%,8 year)

= $600 × (((1 + 8%)10 - 1) / 8%)

= $600 × 14.4865624

= $8691.93

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Related Questions

60th term of -7, -1, 5, 11

Answers

Answer:

60th term is 347

Step-by-step explanation:

This is an arithmetic sequence with common difference = -1 - (-7) = 5 - (-1) = 11 -5 = 6

The nth term for such a series is given by
aₙ = a₁ + d(n-1) where d = common difference and a₁ is the first term

Here d = 6, a₁ = -7

So

aₙ = -7 + 6(n-1)

aₙ = -7 + 6n-6

aₙ = 6n-13

60th term is

a₆₀ = 6(60) - 13 = 360 - 13 = 347

-9x^0-13 I know the answer is -22 but how is it solved?

Answers

Answer:

-22

Step-by-step explanation:

-9x^0-13

=-9×1-13

=-9-13

=-22

Answer:

-22

Step-by-step explanation:

To solve the expression

Let's start by finding the value of 'x'

[tex] - 9 {x}^{0} - 13[/tex]

Hint: Any number raised to power 0 is always 1.

Therefore x⁰ = 1

let's rewrite the expression by substituting where x is with 1

[tex] - 9(1) - 13[/tex]

[tex] - 9 \times 1 = - 9[/tex]

[tex] - 9 -13 = - 22[/tex]

Hope that helps with Your question

A store has clearance items that have been marked down by 25%. They are having a sale, advertising an additional 20% off clearance items. What percent of the original price do you end up paying?

Answers

The required, we end up paying 60% of the original price.

What is the percentage?

The percentage is the ratio of the composition of matter to the overall composition of matter multiplied by 100.

Here,
If an item is marked down by 25%, then its sale price is 75% of its original price.

If the sale offers an additional 20% off clearance items, then the final sale price is 80% of the sale price.

Multiplying these two percentages, we get:

Final price = 80% of 75% of the original price

Final price = 0.80 × 0.75 × original price

Final price = 0.6 × original price

So the final price that you pay is 60% of the original price.

Therefore, we end up paying 60% of the original price.

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A batch of 150 containers for frozen orange juice contains 3 that are defective. Two are selected, at random, without replacement, from the batch. Let A and B denote the event that the first and second container selected is defected, respectively.
(a) Are A and B independent events
(b) If the sampling were done with replacement, would A and B be independent.

Answers

A) The events are not independent.

B) The events are independent.

Are A and B independent events?

There are 150 containers (the probabilities depend on that number), and we draw two of them.

In event A we draw one, then the number of containers after that will be 149.

Then the probabilities for event B (the second draw) are different, which means that the events are not independent.

B) If the containers are replaced, then the events are independent.

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In AGHI, m/G = (8x + 14)°, m/H = (3x - 6)°, and m/I = (« + 16)°. Find m/G.

Answers

The value of the angle m/G is 118 degrees

How to determine the value of the angle

It is important to note that the sum of the angles in a triangle is equivalent to 180 degrees.

From the information given, we have that;

m/G = (8x + 14)°m/H = (3x - 6)° m/I = (« + 16)°

Add the angles, we get;

8x + 14 + 3x - 6 + x + 16 = 180

collect like terms

8x + 3x + x = 180- 14 + 6 - 16

add or subtract like terms, we get;

12x = 156

Make 'x' the subject of formula by dividing both sides by the coefficient

x = 156/12

Divide the values

x = 13

m/G = 8(13) + 14

m/G = 118 degrees

Hence, the angle is 118 degrees

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is y=3x+1/5 proportional? if so what is the constant of proportionality​

Answers

Answer:

  no

Step-by-step explanation:

You want to know if the equation y = 3x +1/5 represents a proportional relation.

Proportional relation

A proportional relation has the equation ...

  y = kx

for some constant of proportionality k.

Given equation

The added constant +1/5 in the given equation means the relation is Not Proportional.

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Learning​ aids, listed along the bottom of the​ window, are available for most problems on homework assignments and study plan practice but are not available on tests and quizzes. Identify the learning aid described in each part below.

Answers

One learning aid that  provides an interactive​ walk-through for solving the particular problem you are working on is "view an example"

What does learning aid offer student?

It is also known as teaching aids, which are an essential part of any classroom. Teaching aids can help students improve their reading comprehension skills, illustrate or reinforce a skill or concept, differentiate instruction, and relieve anxiety or boredom by presenting information in a new and exciting way.

Teaching aids also engage students' other senses because there are no restrictions on what aids can be used to supplement a lesson. As technology advances, so do teaching aids, which are now classified as audio aids, visual aids, mechanical teaching aids, audio-visual aids, and more.

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Wendy will have new carpet installed on her rectangular bedroom floor. The floor is 15 feet in length and 12 feet in width. The carpet costs $27.50 per square yard, and installation costs $4.15 per square yard. Which statement about the total cost of the carpet and installation is true?
a. The total cost is $379.80 since $31.65×12 = $379.80.

b. The total cost is $633.00 since $31.65×20 = $633.00.

c. The total cost is $474.75 since $31.65×15 = $474.75.

d. The total cost is $4,950.00 since $27.50×180 = $4,950.00

Answers

Answer: The statement "d. The total cost is $4,950.00 since $27.50×180 = $4,950.00" is incorrect.

The first step is to convert the dimensions of the floor from feet to yards. Since 1 yard = 3 feet, the length of the floor is 15 feet / 3 feet/yard = 5 yards, and the width of the floor is 12 feet / 3 feet/yard = 4 yards. The total area of the floor is 5 yards * 4 yards = 20 square yards.

The total cost per square yard for carpet and installation is $27.50 + $4.15 = $31.65.

The total cost for carpet and installation for the entire floor is 20 square yards * $31.65/square yard = $633.00.

So, the statement "b. The total cost is $633.00 since $31.65×20 = $633.00" is correct.

Step-by-step explanation:

kevin and sam are having a competition on their bikes to see who can ride at a faster rate. kevin rides 600 meters in 45 seconds while same rides 800 meters in 55 seconds which choice best describes who is the faster rider?
A. kevin he rides 10 second faster than sam
B.kevin he rides 13.33 meters per second
C.Sam he rides 800 meters total which is 200 more than Kevin
D.Sam he rides 14.5 meters per second which is over a meter per second faster than kevin

Answers

Answer:

D.Sam he rides 14.5 meters per second which is over a meter per second faster than kevin

Step-by-step explanation:

Kevin:

Distance = 600m

Time = 45s

Speed = Distance/time = 600/45 = 13.33m/s

Sam:

Distance = 800m

Time = 55s

Speed = 800/55 = 14.54m/s

Therefore option D will be the answer

The formula for speed is s=d/t, so Kevin’s speed would be 13.33m/s, and Sam’s speed would be 14.5544m/s, meaning Sam is the faster rider. From this, I would say that D is the best choice that describes who is the faster rider as it shows how Sam travels over a metre faster than Kevin.

consider a sample with a mean of 500 and a standard deviation of 100. what are the z-scores for the following data values: 550, 660, 500, 440, and 270?

Answers

z-score for value 550 =  0.5

z-score for value 660 = 1.6

z-score for value 500 = 0

z-score for value 440 = -0.6

z-score for value 270 = -2.3

What is the standard deviation?

A standard deviation is a measurement of the data's dispersion from the mean. Data are grouped around the mean when the standard deviation is low, and are more dispersed when the standard deviation is high.

We are given a sample with a mean of 500 and a standard deviation of 100.

i.e.,  µ= 500 and  s= 100

The z score distribution is given by;

             Z =  (X-µ)/s ~ N(0,1)

where X represents the data values;

So, z score for value 550 is;

                z score =(550-500)/100  = 0.5

So, z score for value 660 is;

                z score = (660-500)/100  = 1.6

So, z score for value 500 is;

                z score = (550-500)/100  = 0

So, z score for value 440 is;

                z score =  (440-500)/100  = -0.6

So, z score for value 270 is;

                z score = (270-500)/100  = -2.3

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z-score for value 550 =  0.5

z-score for value 660 = 1.6

z-score for value 500 = 0

z-score for value 440 = -0.6

z-score for value 270 = -2.3

What is the standard deviation?

A standard deviation is a measurement of the data's dispersion from the mean. Data are grouped around the mean when the standard deviation is low, and are more dispersed when the standard deviation is high.

We are given a sample with a mean of 500 and a standard deviation of 100.

i.e.,  µ= 500 and  s= 100

The z score distribution is given by;

            Z =  (X-µ)/s ~ N(0,1)

where X represents the data values;

So, z score for value 550 is;

               z score =(550-500)/100  = 0.5

So, z score for value 660 is;

               z score = (660-500)/100  = 1.6

So, z score for value 500 is;

               z score = (550-500)/100  = 0

So, z score for value 440 is;

               z score =  (440-500)/100  = -0.6

So, z score for value 270 is;

               z score = (270-500)/100  = -2.3

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Ahmad's car insurance last year was $630. This year he had two accidents, so the insurance
company raised his yearly bill to $1,008. What was the percent of increase in Ahmad's car insurance?

Answers

60% increase
Just take 630$ as 100%

f(x)= 9+√(6+7x-x^2)

how do you find the range algebraically?? Please and thank you if you reply

Answers

Answer:

  [9, 9+√18.25] ≈ [9, 13.272]

Step-by-step explanation:

You want the range of f(x)= 9+√(6+7x-x^2), determined algebraically.

Range

The range is the set of values that f(x) may take on. It is the vertical extent of the graph. Here, it will be limited by the possible values the radical may have.

The expression under the radical is a quadratic that opens downward. It will have a maximum at its vertex, and a minimum usable value of 0.

The vertex of the quadratic can be found by putting it in vertex form:

  -x² +7x +6 = -(x² -7x) +6 = -(x² -7x +(7/2)²) +6 +(7/2)² = -(x -7/2)² +18.25

The maximum value the quadratic may have is 18.25.

Then the range of values that f(x) may have is ...

  9 +0 ≤ f(x) ≤ 9 +√18.25

The range is [9, 9+√18.25] ≈ [9, 13.272].

THIS ONE IS IN THE SAME QUIZ PLS HELPPPPPPP IS DUE AT 12:30

Answers

Graph A is not a function as its ordered pairs have the same first coordinate for different y coordinates.

What is a function?

A function can be defined as the outputs for a given set of inputs.

The inputs of a function are known as the independent variable and the outputs of a function are known as the dependent variable.

We know a relation is not a function if two distinct ordered pairs have the same first coordinate, (a, b), (a, c) is not a function.

The graph of A has an x value of - 3 and has different y values hence it is not a function.

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suppose there is a 19.8% probability that a radomly selected person aged 40 years or older is a smoker.A. What is the probability that a randomly selected person aged 40 years or older is female and smokes?B. Would it be unusual to randomly select a person aged 40 years or older who is female and smokes?

Answers

A. The probability that a randomly selected person aged 40 years or older is female and smokes is 0.05841.

B. No, it would not be unusual to randomly select a person aged 40 years or older who is female and smokes.

What is probability?

Probability is a way to gauge how likely something is to happen. Many things are difficult to forecast with absolute confidence. Using it, we can only make predictions about the likelihood of an event happening, or how likely it is. Probability can range from 0 to 1, with 0 denoting an impossibility and 1 denoting a certainty.

When given an event A and an event B, the conditional probability that A will occur given than B has occurred is calculated using this formula -

P(A|B) = P(A and B) / P(B)

Let A be that the person is female and B be that they smoke. It is known that P(B) = 0.295 and let P(A|B) = 0.198.

Use the formula for conditional probability -

0.198 = P(A and B) / 0.295

P(A and B) = 0.198 × 0.295

P(A and B) = 0.05841

The probability that a person aged 40 years or older is female and smokes would happen is 0.05841, which is not less than the usual benchmark of 0.05 to be considered unusual.

Therefore, no, this would not be unusual.

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Suppose there is a 29.5% probability that a randomly selected person aged 40 years or older is a smoker. In addition, there is a 19.8% probability that a randomly selected person aged 40 years or older is a smoker. A. What is the probability that a randomly selected person aged 40 years or older is female and smokes? B. Would it be unusual to randomly select a person aged 40 years or older who is female and smokes?

find the area of a radius of 5 feet use 3.14 for pi

Answers

Answer:  A=78. 5 [tex]feet^{2}[/tex]

Step-by-step explanation:

A debt of R6 421,00 is due in four years' time. The creditor gives permission to discharge the debt by receiving a payment of R2 287,00 in one year's time and a final payment of RX in seven years' time. The interest rate charged all amounts is 11% per year, compounded quarterly. You can indicate the amounts on the following timeline to assist you in visualizing the problem: 9 B 15 6 years Interest is compounded quarterly. The payment, to the nearest rand, which should be made at the end of the seventh year in order to liquidate the debt, is​

Answers

The payment (future value), to the nearest rand, which should be made at the end of the seventh year in order to liquidate the debt, is​ R9,338.80.

How is the future value determined?

The future payment to be made at the end of the seventh year is determined by computing the future values in two stages.

The first stage computes the future value before the payment at the end of the first year.  The second stage computes the future value for six years.  

The future value is computed by compounding the present value at an interest rate.

Current debt = R6,421,00

Compound interest rate = 11% per year

Compounding period = Quarterly

Future Value in 1 Year:

N (# of periods) = 4 quarters (1 year x 4)

I/Y (Interest per year) = 11%

PV (Present Value) = R6,421.00

PMT (Periodic Payment) = R0

Results:

Future Value (FV) = R7,156.98

Total Interest = R735.98

Future Value (FV) = R7,156.98

Payment in one year's time = R2,287.00

Balance = R4,869.98

Future Value at the end of the 7th Year:

N (# of periods) = 24 quarters (6 years x 4)

I/Y (Interest per year) = 11%

PV (Present Value) = R4,869.98

PMT (Periodic Payment) = R0

Results:

Future Value (FV) = R9,338.80

Total Interest = R4,468.82

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Find amplitude,period,and frequency

Answers

The sinusoidal function have the following features:

Amplitude: 1

Period: 2π

Frequency: ω = 2π / 2π = 1

How to analyze a sinusoidal function

Herein we find an example of a sinusoidal function, whose definition is shown below:

f(x) = A · sin (2π · x / T + Φ) + x'

Where:

x' - MidpointA - AmplitudeT - PeriodΦ - Phase

The frequency (ω) is equal to the following formula:

ω = 2π / T

If we know that the sinusoidal function f(x) = sin (x + π / 2) - 2, then the amplitude, the period and the frequency, that is, the features of the sinusoidal function, are, respectively:

Amplitude: 1

Period: 2π

Frequency: ω = 2π / 2π = 1

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man bought a second hand car for $8 500, spent $1 500 on repairs and then sold it for $12 000. what was his percentage profit?​

Answers

Answer:

20%

Step-by-step explanation:

He spent (8500+ 1500) = 10 000   then sold it for 2000 MORE
Profit = 2000 / 10 000   * 100% = 20%

What number should go in the space?
Multiplying by 0.65 is the same as decreasing by _____%.

Answers

Answer: 35%

Explanation:

1 - 0.65 = 0.35

0.35 in percentage is 35%

Jackie and Ken shared a bag of popcorn on a field trip. If Ken ate 2/3 of the bag of popcorn and Jackie ate 1/3 of the bag of popcorn, what fraction of the popcorn is left?

Answers

Answer:

4/9

Step-by-step explanation:

If Jackie at 1/3, that means that 2/3 was left

2/3 x 2/3 = 4/9

Keeping all other criteria the same, add a child to the family you used in part a to determine the monthly expenses. How does an additional child impact the family budget and hourly wage? Which category was least affected by this change? Explain why you think there was little impact to this category

Answers

The minimum monthly income of full time worker  is $6112.

How to calculate the income?

Full time worker = 4 weeks of 40 hour per week.

Part time worker = 2 weeks of 40 hour per week.

The full time hourly wage will be:

= $6112/(4 × 40)

= $6112/160

= $38.2

The part time hourly wage will be:

= $6112/(2 × 40)

= $6112/80

= $76.4

An additional child will impact the family budget as it will lead to lesser amount of money spent by each person.

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At a particular restaurant, each onion ring has 40 calories and each pizza roll has 80
calories. A combination meal with pizza rolls and onion rings is shown to have 800
total calories and 4 more pizza rolls than onion rings. Graphically solve a system of
equations in order to determine the number of onion rings in the combination meal,
x, and the number of pizza rolls in the combination meal, y.

Answers

As a result, the combo meal includes 4 onion rings and 8 pizza buns.

What is equation?

An equation is a formula in mathematics that expresses the equivalence of two expressions by linking them with the equals symbol =. In its most basic form, an equation is a mathematical statement that indicates that two mathematical expressions are equal. 3x + 5 = 14, for example, is an equation in which 3x + 5 and 14 are two expressions separated by a 'equal' sign.

Here,

Let x be the number of onion rings in the combination meal and y be the number of pizza rolls. We can write the following system of equations to represent the given information:

40x + 80y = 800 (the total calories of the meal)

y = x + 4 (the number of pizza rolls is 4 more than the number of onion rings)

We can substitute the second equation into the first equation to solve for x:

40x + 80(x + 4) = 800

40x + 80x + 320 = 800

120x = 480

x = 4

We can use this value to find y:

y = x + 4 = 4 + 4 = 8

So, the combination meal contains 4 onion rings and 8 pizza rolls.

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Help with these questions pls

Answers

Order of fractions from smallest to largest:

21/40, 29/40, 3/4, 4/5, 17/20 37/35, 8/7, 13/7, 12/5, 14/5 2/5, 2/3, 7/10, 4/5, 9/10 13/10, 13/6, 11/5, 25/6, 21/5

How to order fractions 21/40, 29/40, 17/20, 3/4, 4/5

If sorted we first equate the denominator to 40.

21/40, 29/40, 34/40, 30/40, 32/40

So if sorted from smallest to largest, the order becomes:

21/40, 29/40, 3/4, 4/5, 17/20

8/7, 13/7, 12/5, 14/5, 37/35

If sorted we first equate the denominator to 35. it becomes:

40/35, 65/35, 84/35, 98/36, 37/35

So if sorted from smallest to largest, the order becomes:

37/35, 8/7, 13/7, 12/5, 14/5

2/3, 4/5, 2/5, 7/10, 9/10

If sorted we first equate the denominator to 30. it becomes:

20/30, 24/30, 12/30, 21/30, 27/30

So if sorted from smallest to largest, the order becomes:

2/5, 2/3, 7/10, 4/5, 9/10

21/5,13/6, 25/6, 11/5, 13/10

If sorted we first equate the denominator to 30. it becomes:

126/30, 65/30, 125/30, 66/30, 39/30

So if sorted from smallest to largest, the order becomes:

13/10, 13/6, 11/5, 25/6, 21/5

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A farmer has two straight pieces of fence, each 10 feet long. At what angle should he place them against the barn wall to maximize the area of the resulting triangular enclosure?

Answers

The farmer should place the two fence pieces at an angle of 90 degrees (perpendicular) against the barn wall to maximize the area of the resulting triangular enclosure.

How to maximize the area

When all the sides are the same length, or when the object is genuinely a square, the area will be at its greatest for a given perimeter.

But a square is still a rectangle! Therefore, to find the length of each side if you know the perimeter, divide it by four. To get the area, multiply the length by the breadth.

For the problem, a right triangle with legs of equal length will have the maximum area among all right triangles with equal perimeter.

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5x_-2+X=9+3x_+10 cuál es

Answers

The solution to the given equation 5x - 2 + x = 9 + 3x + 10 is x = 7.

What is the solution to the given equation?

Given the equation in the question;

5x - 2 + x = 9 + 3x + 10

Solve for x, first collect and add like terms

5x - 2 + x = 9 + 3x + 10

5x + x - 2 = 3x + 10 + 9

Add 5x and x

6x - 2 = 3x + 10 + 9

Add 10 and 9

6x - 2 = 3x + 19

Add 2 to both sides

6x - 2 + 2 = 3x + 19 + 2

6x = 3x + 21

Subtract 3x from both sides

6x - 3x = 3x - 3x + 21

3x = 21

Divide both sides by 3

3x/3 = 21/3

x = 21/3

x = 7

Therefore, the value of x is 7.

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Let R be the region bounded by y= square root of 25-x^2 and y=0. Find the volume of the solid of revolution obtained by revolving R about the x-axis.

Answers

As a result, the volume of the revolution solid is roughly -62.83π cubic units.

What is volume?

Volume is the quantity of space in a 3D object in arithmetic. A fish tank, for example, is 3 feet long, 1 foot wide, and 2 feet tall. To calculate the volume, multiply the length by the breadth by the height, which is 3x1x2, which is six. As a result, the fish tank has a volume of 6 cubic feet.

Here,

The region R is the upper half of a circle centered at the origin with a radius of 5. By the method of washers, the volume of the solid of revolution obtained by revolving R about the x-axis can be found by subtracting the volume of a cylinder of height "h" and radius "x" from the volume of a cylinder of height "h" and radius "sqrt(25-x²)".

The volume of a cylinder of height "h" and radius "r" is given by V = πr²h.

So, the volume of the solid of revolution can be expressed as:

V = ∫π(sqrt(25-x²)²- x²) dx from x=0 to x=5

Evaluating this integral, we get:

V = π(∫(25-x²)*0.5 dx - ∫x² dx) from x=0 to x=5

Using substitution and integrating, we can obtain the volume:

V = π * (5 * (2 * sqrt(25 - x²) - x²/2))

Evaluating the expression at x=5, we get:

V = π * (5 * (2 * sqrt(25 - 25) - 25/2))

V = π * (5 * (0 - 25/2))

V = -62.83π cubic units.

So, the volume of the solid of revolution is approximately -62.83π cubic units.

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(b)The area of a rectangular window is 6789 cm².
If the width of the window is 73 , what is its length?

Answers

Answer:

93cm

Step-by-step explanation:

6789 = 73 * length

length = 6789/73=93

Answer:

The length is 93 cm.

Step-by-step explanation:

We know that area is width times height. So, if we don't know what the length is,

Let x = the length

The equation would be

[tex]73x=6789\\[/tex]

We multiply 73 by x because of the formula talked about previously.

Now, lets  divide 73 on both sides

[tex]x = 93[/tex]

Développer et réduire (3 − 2)² + (7 + 5)(3 − 2)

Answers

[tex](3-2)^2+(7+5)(3-2)=(3-2)(3-2)+(7+5)(3-2)=(3-2)(3-2+7+5)=1*13=13[/tex]

From a sample with n=12, the mean number of television per household is 3 with a standard deviation of 1 television. Using Chebychev Theorem,determine at least how many of the households have between 1 and 5 televisons

Answers

Answer:

9

Step-by-step explanation:

Chebyshev's Theorem states that for any given sample, at least 1 - 1/k^2 of the data falls within k standard deviations from the mean.

Let's use k = 2. Then, at least 1 - 1/2^2 = 1 - 1/4 = 3/4 of the households should have between 3 - 2 = 1 and 3 + 2 = 5 televisions.

So, at least 12 * 3/4 = 9 of the households in the sample have between 1 and 5 televisions.

What is the y-intercept of the graph of this function? (0,5) (8, -2)

Answers

The y - intercept of the graph is,  5

What is Equation of line?

The equation of line in point-slope form passing through the points

(x₁ , y₁) and (x₂, y₂) with slope m is defined as;

⇒ y - y₁ = m (x - x₁)

Where, m = (y₂ - y₁) / (x₂ - x₁)

Given that;

Two points on the line are (0, 5) and (8, -2).

Now,

Since, The equation of line passes through the points (0, 5) and (8, -2).

So, We need to find the slope of the line.

Hence, Slope of the line is,

m = (y₂ - y₁) / (x₂ - x₁)

m = (- 2 - 5) / ( 8 - 0)

m = - 7 / 8

Thus, The equation of line with slope - 7/8 is,

⇒ y - 5 = - 7/8 (x - 0)

⇒ y - 5 = - 7/8x

⇒ y = - 7/8x + 5

Therefore, The y - intercept of the graph is,  5

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