550 * 1.03 = 566.5 (Year 1)
566.5 * 1.03 = 583.495 (Year 2)
583.495*1.03 = 600.99985 (Year 3)
You can safely assume this is your answer: $601.00
The slope is 3/4. you need to find the change of y over the change of x.
Answer:
Marcel's financial goal is to purchase a house. To make Marcel's financial goal of purchasing a house a specific goal, he can FOCUS ON SAVING FOR A DOWN PAYMENT. Next, Marcel can make his goal timely by GIVING HIMSELF A DEADLINE. Lastly, Marcel can make his financial goal measurable by TRACKING THE AMOUNT OF MONEY HE SAVES each month.
5/12 equals to 20/48.
48÷12=4
5×4=20