I'm assuming the funds earn 5% yearly?
Call x the amount he saves every year. The first year's deposit will be multiplied by 1.05 three times, the next will be multiplied by 1.05 twice, the third will be multiplied by 1.05 once, and the fourth will not generate interest (as it will immediately be used to buy the car).
Therefore, x(1.05^3+1.05^2+1.05+1)=21000, so 4.31x=21000. Dividing by 4.31, we see that x is approximately equal to 4872.
The distributive property: a(b - c) = ab - ac
27 - 18r = 9·3 - 9·2r = 9(3 - 2r)
Answer:
<h2>y = 4x + 4</h2>
Step-by-step explanation:
The slope-intercept form:
m - slope
b - y-intercept
Parallel lines have the same slope.
We have y = 4x + 2 → m = 4.
The slope of parallel line is m = 4 and the y-intercept b = 4.
Therefore we have the equation of a line: