Franco wants to have $750,000 when he retires in a year. if he currently has $700,000 to put in a 1-year cd, which of these aprs and compounding periods will allow him to reach his goal?

An APR of 6.98% compounded quarterly (apex!)

560

hope this : )

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