Thomas and Scott can invest their money at 7% annual interest. They’re planning to buy a recording studio and they want to pay for the $75,000 studio in 5 payments of $15,000 over the course of five years. How much money will they need to invest right now if they plan to make one payment per year, the first of which is due one year from now?

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

sinn is the total amount of students now and m were the students before, you subtract them both (n-m) and divide that by m. then, since to get a percentage from a fraction you have to multiply by 100, your answer should look like this: n-m/m*100

step-by-step explanation: