Question 2 of 25
3 Points
Marc purchased a 2010 model sedan for $22,000. The dealership offered him
a $199/month payment for 36 months, after which the unpaid balance is due.
If the interest rate is 6%, find the balloon payment due at the end of 36
months.
O A. $18,499.09
O B. $18,262.21
O C. $19,726.27
O D. $15,000

a

step-by-step explanation:

55.44 inches

step-by-step explanation:

part a. assuming a perfectly linear relationship, we can find the slope from the first two data points.

slope = m = (change in rainfall)/(change in years)

= (61.80 -62.33)/(2005 -2004) = -0.53/1 = -0.53

then the point-slope form of the equation of the line can be written as

y = m(x -h) +k . . . . . m = -0.53, (h, k) = (0, 62.33)

y = -0.53x +62.33 . . . x = years after 2004

part b. in 2017, x = 2017 -2004 = 13. then the predicted rainfall is

y = -0.53·13 +62.33 = 55.44 . . inches

the predicted rainfall in 2017 is 55.44 in.

the second option

step-by-step explanation: