the yoko fund earns 11.2% during the year while the risk-free rate is 3.1%. the yoko fund has a beta of 1.20 and a standard deviation of 17.5%. the treynor ratio is closest to: a. 0.463 b. 0.640 c. 6.750 d. 9.333

Answers

Answer 1

For the Yoko Fund, the Treynor ratio is 6.0%, although none of the answer choices provided is a close approximation, we can choose option c. 6.750

The Treynor ratio measures the excess return earned by an investment per unit of systematic risk (i.e., beta). It is calculated as the difference between the return of the investment and the risk-free rate, divided by the investment's beta.

The formula for the Treynor ratio is:

Treynor Ratio = (Return of the Investment - Risk-Free Rate) / Beta

In this case, the return of the Yoko Fund is 11.2%, the risk-free rate is 3.1%, the beta is 1.20, and we are given the standard deviation of the Yoko Fund's returns, which is 17.5%.

Using the formula, we get:

Treynor Ratio = (11.2% - 3.1%) / 1.20

= 6.0%

Therefore, the Treynor ratio for the Yoko Fund is 6.0%.

None of the answer choices is exactly equal to 6.0%, but the closest one is (c) 6.750.


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Related Questions

Thank you for the help!

Answers

Using the volume formula it is obtained that the least number of bags Martin should buy is Option C: 13.

What is volume?

Each thing in three dimensions takes up some space. The volume of this area is what is being measured. The space occupied within an object's borders in three dimensions is referred to as its volume. It is sometimes referred to as the object's capacity.

First, we need to convert the height of the cylinder from inches to feet -

6 inches = 6/12 feet = 0.5 feet

The volume of the cylinder can be calculated as -

V = πr²h

where r is the radius and h is the height.

Substituting the given values, we get -

V = 3.14 x 2² x 0.5

V = 6.28 cubic feet

Since each bag contains 0.5 cubic feet of sand, we can find the number of bags needed by dividing the total volume by the volume of each bag -

n = V / 0.5

n = 6.28 / 0.5

n = 12.56

Since we can't buy a fractional number of bags, we must round up to the nearest whole number.

Therefore, Martin needs to buy at least 13 bags of sand.

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The following data points represent the number of points the Hawaii Eagles football team scored each game.

17, 33,28,23,10,42,3

Using the data, create and histogram

Answers

The class intervals are given as:

0 - 15   15-30  30-45

2            3          2

What is a Histogram?

A histogram is a graphical representation of the distribution of numerical data. It is a way of summarizing the shape and spread of a set of continuous data values into a series of bins or intervals.

The histogram is a bar graph-like representation of the data, where the data is grouped into intervals or bins on the horizontal axis and the frequency or count of observations falling into each bin is represented by the height of the bar on the vertical axis.

Each value is grouped into one of three ranges, 0-15, 15-30, 30-45, once we know how many values are in each group, we can graph it.

The class intervals are given as:

0 - 15   15-30  30-45

2            3          2

The histogram is provided below:

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how much work, in foot-pounds, is done when a 50-foot long cable with a weight-density of 8 pounds per foot is wound up 14 feet? do not include any units in your answer.

Answers

The amount of work done when winding up a 50-foot long cable with a weight density of 8 pounds per foot is 14 feet is 5600 foot-pounds.

To explain this answer in more detail, work is a measure of energy and is calculated by multiplying force and distance. In this case, the force is the weight-density of the cable, which is 8 pounds per foot. The distance is the amount of cable that was wound up, which is 14 feet. Multiplying 8 and 14 together gives us the force of 112 pounds. Multiplying 112 by the total length of the cable, which is 50 feet, gives us the answer of 5600 foot-pounds.

To further explain, it is important to remember that 1 foot-pound is equal to 1 pound-foot. That means that 1 pound of force must be applied to move an object 1 foot in order to do 1 foot-pound of work. When this is applied to the example above, we can see that 8 pounds of force must be applied to the cable in order to move it 1 foot. Multiplying this by the length of the cable (50 feet) and the amount of cable wound up (14 feet) gives us the total amount of work done, which is 5600 foot-pounds.

In summary, the amount of work done when winding up a 50-foot long cable with a weight density of 8 pounds per foot is 14 feet is 14 x 8 x 50 = 5600 foot-pounds.

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at 99% confidence, how large a sample should be taken to obtain a margin of error of for the estimation of a population proportion? assume that past data are not available for developing a planning value for . round up to the next whole number.

Answers

To estimate a population proportion with a margin of error of 1% and a 99% confidence interval, we would need a sample size of at least 6644 individuals.

The formula to calculate the sample size is:

n = [z² x p(1-p)] / e²

where:

n is the sample size

z is the z-score corresponding to the desired confidence level (in this case, 2.576 for a 99% confidence level)

p is the planning value for the population proportion, which we don't know in this case, so we will assume the worst-case scenario of p=0.5 (which gives us the maximum sample size needed)

e is the desired margin of error

Plugging in the values, we get:

n = [(2.576)² x 0.5(1-0.5)] / (0.01)²

n = 6643.04

Since we need to round up to the next whole number, the minimum sample size needed is 6644.

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An empty shipping box has a mass of 2. 75 kilograms. An electronics store is packing 5 identical laptops in the shipping box. Each laptop has a mass of 1. 65 kg. The cost to ship the box was $40. 00 for the first 5 kg and $3. 15 for each kilogram over 5 kg. What was the cost to ship the packed box?

Answers

The cost to ship a box containing 5 laptops, weighing a total of 11 kg (including the empty box), is $58.90, with a cost of $40.00 for the first 5 kg and $3.15 for each additional kilogram.

The total mass of the packed shipping box can be found by adding the mass of the laptops (5 * 1.65 kg = 8.25 kg) to the mass of the empty box (2.75 kg) for a total mass of 11 kg.

Since the cost to ship the box is $40.00 for the first 5 kg and $3.15 for each additional kilogram over 5 kg, we can split the total mass into two parts: the first 5 kg and the additional weight above 5 kg.

The cost to ship the first 5 kg is $40.00, and the remaining weight is 11 kg - 5 kg = 6 kg.

The cost to ship the additional 6 kg is $3.15 per kilogram, so the total cost to ship the packed box is:

$40.00 + $3.15 * 6 kg = $58.90

Therefore, the cost to ship the packed box is $58.90.

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Which of the following equations represent(s) a line that goes through the
points (2,3) and (1,1)?
1) y = 2(x-2) + 3
II) y = 2x - 1
III) y = 2(x-1) + 1
O I, II & III
O III only
OI and III
OI only
O II only

Answers

Answer:

O I, II & III

Step-by-step explanation:

(2, 3) and (1, 1)

m = (3 - 1)/(2 - 1) = 2

y = 2x + b

1 = 2(1) + b

b = -1

The equation of the line is

y = 2x - 1

I) y = 2(x - 2) + 3 = 2x - 4 + 3 = 2x - 1   Yes

II) y = 2x - 1   Yes

III) y = 2(x - 1) + 1 = 2x - 2 + 1 = 2x - 1   Yes

Answer: O I, II & III

Help! which environmental stimulus does a flatworm's eyespots detect?

distinct shapes around them

changes in light or dark

changes in movement

a wide variety of colors

Answers

Answer:

Changes in light and dark.

Step-by-step explanation:

I also do K12 loll

Changes in light or dark is the environmental stimulus which is detected by flatworm's eyespots.

What is Environment?

A sum total of all the living and non-living elements and their effects that influence human life.

Flatworm's eyespots detect changes in light or dark in the environment. They are not capable of detecting distinct shapes or a wide variety of colors.

The eyespots are simple sensory structures that are used to detect the presence or absence of light and dark, and to detect changes in light intensity.

They are primarily used to help the flatworm locate and respond to light, which can be important for activities such as finding food or avoiding predators.

Hence, changes in light or dark is the environmental stimulus which is detected by flatworm's eyespots.

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Your report discusses trends in net profits over a period of four years. To visually display these trends, you should use a __________.
A. table
B. flowchart
C. line chart
D. pie chart

Answers

To visually display the trends in net profits over a period of four years, you should use a line chart

Explanation:

.What is a line chart?

A line chart is a type of chart used to show information as a series of data points connected by straight line segments. A line chart is a basic type of chart that is often used in data analysis. It is also known as a line graph or a curve chart. This type of chart is commonly used to display trends in data over time.

                  In the given question, it has been asked to visually display the trends in net profits over a period of four years. To visually display the trends in net profits, a line chart is the best choice. Therefore, the correct answer is option C, a line chart.

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A function is shown on the coordinate plane below. For what intervals is the function increasing?

pls hurry

Answers

The function is increasing over the intervals D. -6 < x < -1 and 2 < x < 3 and 4 < x < 6.

When does a function increase?

A function is increasing when the slope of its graph is positive, meaning that its graph is rising from left to right.

In the given coordinate plane, the graph of the function consists of three sections, each of which has an increasing slope.

The first section is from -6 to -1, the second section is from 2 to 3, and the third section is from 4 to 6.

This means that the function is increasing over the intervals -6 < x < -1 and 2 < x < 3 and 4 < x < 6.

To confirm this, we can calculate the slope of the graph in each interval. The slope of the graph between two points (x1,y1) and (x2,y2) is given by (y2-y1)/(x2-x1).

For the first interval, the slope is (3-(-5))/(-1-(-6)) = 8/-5 = -1.6. This is a negative value, which means the graph is decreasing over this interval. For the second interval, the slope is (4-3)/(3-2) = 1/1 = 1. This is a positive value, so the graph is increasing over this interval.

For the third interval, the slope is (6-4)/(4-2) = 2/2 = 1. This is also a positive value, so the graph is increasing over this interval as well.

Therefore, the function is increasing over the intervals -6 < x < -1 and 2 < x < 3 and 4 < x < 6, which is option D.

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factored form
What form is this equation written in?
y = -x² + 6x + 7
standard form
slope-intercept
form
vertex form
P

Answers

Answer: Should be standard form.

Step-by-step explanation: Just cause the others don't really make sense and the equation looks basic.

the speed of light is approximately 6.7106*10^7 per hour, and the speed of sound is approximately 7.54*10^2 miles per hour. How many times faster is the speed of light than the speed of sound?

Answers

Answer: The speed of light is approximately 89,100 times faster than the speed of sound.

Step-by-step explanation: To find out how many times faster the speed of light is than the speed of sound, we need to divide the speed of light by the speed of sound:

Speed of light / Speed of sound = (6.710610^7) / (7.5410^2)

Simplifying this calculation gives us:

Speed of light / Speed of sound = 8.91*10^4

This means that the speed of light is approximately 89,100 times faster than the speed of sound.

Hope this helps, and have a great day!

Providing free access to a variety of stimuli for the purposes of identifying potential reinforcers is best described by which of the following?
Free Operant Preference Assessment

Answers

Providing free access to a variety of stimuli for the purposes of identifying potential reinforcers is best described by Free Operant Preference Assessment.

What is a free operant preference assessment? Free operant preference assessment refers to a behavior analysis process used to determine the preferred stimulus of an individual in a naturalistic environment. This method measures the potential and meaningful reinforcers through the observation of a child's free time. A reinforcement is a consequence that strengthens a behavior.The free operant preference assessment is frequently utilized in the autism field to identify reinforcing stimuli. It is a process of assessing a child's preferred items and actions in a naturalistic setting.The free operant preference assessment is conducted in three different stages: Stage 1: involves observation of preferred items and items that are likely to become potential reinforcers, Stage 2: involves assessing for a hierarchy of items and stage 3 involves using the data gathered to plan the student’s schedule, including reinforcement and non-contingent time periods.

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FREE OPERANT PREFERENCE ASSESSMENT. Providing free access to a variety of stimuli for the purposes of identifying potential reinforcers is best described by Free Operant Preference Assessment.

A free operant preference assessment is a measure of the attractiveness or preference for various stimuli by measuring an individual's time spent with them.

Free access to different stimuli is given to the individual to determine their preferences, which are subsequently used to reinforce the desired behavior or work on behavior modification through behavior analysis.

The steps to conducting a Free Operant Preference Assessment: Prepare the list of stimuli: Initially, you have to prepare a list of stimuli that you believe may act as a reinforcer for the individual, which may include toys, foods, or other things that the person likes.

Prepare the environment: Arrange the stimuli in a room, and let the individual enter it.

Make sure that there is sufficient space to move around and that the person has free access to all of the stimuli.  

Record the time the individual spends with each stimulus. You can observe the person, either directly or through video recording.

 Based on the data obtained, the most preferred and least preferred stimuli can be identified. Then, these preferred stimuli can be used as potential reinforcers.

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DUE TOMORROW PLEASE HELP WELL WRITTEN ANSWERS ONLY!!!!!!
Sketch a graph of the function f given by f(Θ) = 2 sin(Θ)

Answers

The graph of the function f given by f(Θ) = 2 sin(Θ) is attached below the sum,

Use the form

a sin(bx−c)+d to find the variables used to find the amplitude, period, phase shift, and vertical shift.

a=2

b=1

c=0

d=0

Find the amplitude |a|.

Amplitude: 2

Find the period of 2 sin(x).

Its 2π.

List the properties of the trigonometric function.

Amplitude: 2

Period: 2π

Phase Shift: None

Vertical Shift: None

x      y

0     0

[tex]\frac{\pi }{2}[/tex]     2

[tex]\pi[/tex]     0

[tex]\frac{3\pi }{2}[/tex]    -2

[tex]2\pi[/tex]    0

Then we can plot the according to the given function f(Θ) = 2 sin(Θ).

Hence the graph is attached below.

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please answer asap!!

Answers

Answer:

  y = csc(3x)

Step-by-step explanation:

You want an equation for a cosecant curve with vertical asymptotes at multiples of π/3.

Horizontal compression

The vertical asymptotes of the parent cosecant function are at multiples of π. Putting them at multiples of π/3 means compressing the graph horizontally by a factor of 3.

That compression means x will be replaced by 3x in the equation. You want ...

  y = csc(3x)

find an algebraic expression for the particle's velocity vx at a later time t . express your answer in terms of the variables c , t , v0x , and m .

Answers

The algebraic expression for the particle's velocity vₓ at a later time t is v(t) = ct²/2m +v₀ₓ.

Given that,

c = speed of light

t = time

v₀ₓ = initial velocity of particle

m = mass of particle

Velocity and acceleration are related through time. Acceleration is the rate of change of velocity, which is represented graphically as the slope of the velocity vs. time line. Velocity can be represented as the area underneath an acceleration vs. time line.

Newton's second law declares that an object having mass m will accelerate due to a net force (F) will accelerate at a rate of:

α = F/m

Therefore, the function that describes the acceleration at any point in time of the particle is:

α(t)=ct/m

The velocity function is the integral of the acceleration function, so we get:

v(t)= ∫ct/m dt

= ct²/2m +C

where the constant C is the initial velocity of the particle at time t=0. Therefore, the velocity function representing the velocity at any point in time is:

v(t) = ct²/2m +v₀ₓ

Therefore, the algebraic expression for the particle's velocity vₓ at a later time t is v(t) = ct²/2m +v₀ₓ.

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An plane covers 50 miles in 1/5 of an hour. How many miles can the plane cover in 5 hours

Answers

Answer: 1250 miles

Step-by-step explanation:

50 miles in 1/5 of an hour = 250 miles in 1 hour = 1250 miles in 5 hours

Answer:

1,250

Step-by-step explanation:

50 divided by 1/5 equals 250.

Multiply 250 by 5.

250*5= 1,250

what is the radical equivalent to s^3/2

Answers

Answer:

√1.5

Step-by-step explanation:

As a fraction, the square root of 3/2 can be expressed as √1.51 or just as √1.5.

the equation above relates the number of hours, a, kevin spends doing homework each week and the number of hours he spends watching television each week. if kevin spends a total of 15 hours doing homework and watching television each week, what does the variable b represent?

Answers

Variable b represents the number of hours Kevin spends watching television each week.

Define the term equation?

A statement proving the equality of two mathematical expressions is known as an equation.

Given equation a + b = 15 relates the number of hours.

If here Kevin spends doing homework each week (represented by the variable "a") and the number of hours he spends watching television each week (represented by the variable "b").

Since the total number of hours Kevin spends doing homework and watching television each week is 15, we can write:

homework + watching television = 15 hours

a + b = 15

To find out what b represents, we can rearrange the equation to solve for b:

b = 15 - a

This means that b represents the number of hours Kevin spends watching television each week, given that he spends a hours doing homework each week and the total number of hours spent on both activities is 15.

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Complete question-

The equation is a + b = 15

Simplify the following expression.
8+16/4 • 5-3
A: 31
B: 25
C: 77
D: 27

Answers

Answer:

B.25

Step-by-step explanation:

use PEMDAS   (Parentheses, Exponents, Multiplication, Division (from left to right), Addition, and Subtraction (from left to right).)

The associative property works with expressions that use
A
division and subtraction. B
addition and subtraction. C
multiplication and division. D
multiplication and addition

Answers

The associative property works with expressions that use multiplication and addition. The correct option is (D).

The associative property is a rule in mathematics that allows us to change the grouping of the numbers or variables in an expression without changing the result. This property only applies to addition and multiplication, and not to subtraction and division.

The associative property of addition tells us that we can add a group of numbers in any order, and the result will be the same. For example, (2 + 3) + 4 is the same as 2 + (3 + 4). The associative property of multiplication tells us that we can multiply a group of numbers in any order, and the result will be the same. For example, (2 × 3) × 4 is the same as 2 × (3 × 4).

However, the associative property does not work with subtraction and division. For example, (10 - 3) - 2 is not the same as 10 - (3 - 2). Similarly, (12 ÷ 2) ÷ 3 is not the same as 12 ÷ (2 ÷ 3). Therefore, the correct answer to the question is D - the associative property works with expressions that use multiplication and addition.

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Use the multiplication method to increase £88 by 14%

Answers

To increase £88 by 14%, we can use the multiplication method, which involves multiplying the original amount by the decimal equivalent of the percentage increase.

The multiplication method is a mathematical technique used to solve problems involving multiplication. It involves breaking down numbers into their constituent parts and then multiplying those parts together to arrive at the final answer.

To find the decimal equivalent of 14%, we divide the percentage by 100:

14% ÷ 100 = 0.14

This tells us that a 14% increase is equivalent to multiplying the original amount by 1.14 (1 + 0.14).

To increase £88 by 14%, we can multiply it by 1.14:

£88 x 1.14 = £100.32

Therefore, the increased amount is £100.32.

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if the answer to our three questions for this particular limit is affirmative, what can you say about the continuity of the logarithm function? what would be its derivative? what would be r12 ln x dx?

Answers

Yes

The logarithm function is continuous for all x>0. Its derivative is 1/x and r12 ln x dx = x ln x - x + c.

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in 1970, an industrial waste site contained an estimated 350 tons of contaminated soil. special cleaning crews were contracted to clean up the site. the crews can remove 20% of the contaminated soil each year. a. how do we know this describes an exponential function?

Answers

In 1970, an industrial waste site contained an estimated 350 tons of contaminated soil. special cleaning crews were contracted to clean up the site. the crews can remove 20% of the contaminated soil each year. describes an exponential function because it follows a fixed rate of decay over time, which can be expressed as a mathematical formula.

The given data describes an exponential function because it describes a quantity that decreases at a fixed rate over time.

The 350 tons of contaminated soil represents the initial quantity, and the special cleaning crews removing 20% of the contaminated soil each year represents the rate of decay. This decay rate can be expressed as a percentage decrease, which describes an exponential function.
To be more specific, an exponential function is a mathematical model that describes the decay of a quantity over a period of time. The decay rate can be expressed as a constant, which is multiplied by the initial quantity. The resulting value represents the quantity of the item at the end of each time period.
For example, in the given situation, the initial quantity of contaminated soil is 350 tons.

After one year, the quantity decreases by 20%, or 0.2, to represent the amount of contaminated soil removed.

This can be expressed as a mathematical formula as follows:

Q1 = 350 x 0.2

where Q1 is the quantity after the first year.

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How do I work this out

Answers

Answer:

(5x+40)+x+2(2x+20)=360

5x+40+x+4x+40=360

10x+80=360

10x=360-80

10x=280

x=28°

substitute x=28° into (5x+40)

=140+40= 180

therefore line Ac is the diameter of a he circle because a diameter divides a circle into 2 equal part and the angle on the line is 180° showing that the circle is on a straight line

The base of the parallelogram has a length
of 10 cm. What is the height?
10cm
12 cm
14 cm

Answers

Kenzie estuve zumba

The height is either 10 cm,12 cm,14 cm.

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Given that;

The base of the parallelogram has a length of 10 cm.

Here, area is not given so the height may be anything.

suppose h = 10

Hence, We get;

Area = base * height

      = 10 * 10

       = 100 cm²

if h = 12

area = 10 * 12

       = 120 cm²

if h = 14

area = 10 * 14

        = 140 cm²

Therefore, the height is either 10 cm,12 cm,14 cm.

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the top of an l-shaped desk has the dimensions shown. what volume of wood is needed to make the top of the desk? complete the explanation of how you solved this problem.

Answers

The volume of wood needed to make the top of the l-shaped desk is 0.728 cubic feet

The top of an l-shaped desk has the dimensions shown in the diagram. To determine the volume of wood needed to make the top of the desk, we must use the formula for volume. The formula for volume is length times width times height, or V = lwh. In this case, the length of the top is 28 inches, the width is 45 inches, and the height is 0.75 inches.

Plugging these values into the volume formula gives us V = 28 x 45 x 0.75, which equals 1260 cubic inches. Since wood is typically sold in cubic feet, we must convert this volume to cubic feet by dividing it by 1728, the number of cubic inches in one cubic foot. 1260/1728 = 0.728, so the volume of wood needed to make the top of the desk is 0.728 cubic feet.

To summarize, the volume of wood needed to make the top of the l-shaped desk is 0.728 cubic feet. This was determined by using the volume formula, which is V = lwh, where l is the length, w is the width, and h is the height. The length, width, and height of the desk top were 28 inches, 45 inches, and 0.75 inches, respectively. By plugging these values into the volume formula and converting to cubic feet, we determined the volume of wood needed is 0.728 cubic feet.

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Please help like ASAP now thxxx

Answers

Answer:

26

Step-by-step explanation:

Solve the system by graphing
Y = 5x + 1
Y = -x - 5

Answers

The solution of the system of equtaions:

Y = 5x + 1

Y = -x - 5

is (-1, -4), look at the graph at the end.

How to solve the system of equations graphically?

To solve a system of equations graphically just graph both of the equations, in this case are the lines y = 5x + 1 and y = -x - 5, in the same coordinate axis and then identify the point where these two lines intersect.

That point will be the solution of the given system of equations.

Said graph can be seen in the image at the end. There you can see two lines, one orange and one blue, and the lines intersect at the point (-1, -4), so that is the solution of the system.

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Write an equation for the function g whose graph is the graph f(t) = -100(1.05)^t translated to the right 5 units and up 50 units.

Answers

g(t) = -100 * [tex](1.05)^t[/tex] +[tex](1.05)^(-5)[/tex] 50 is equation for the function g whose graph is the graph f(t) = -100[tex](1.05)^t[/tex] translated to the right 5 units and up 50 units.

Starting with the function f(t) = -100[tex](1.05)^t[/tex], to translate it 5 units to the right and 50 units up, we can replace t with (t - 5) to shift it to the right, and add 50 to the whole function to shift it up. This gives us:

g(t) = f(t - 5) + 50

g(t) = -100[tex](1.05)^(t - 5)[/tex]+ 50

Simplifying this equation, we can use the properties of exponents to rewrite [tex](1.05)^(t - 5)[/tex] as [tex](1.05)^t[/tex] * [tex](1.05)^(-5)[/tex]:

g(t) = -100[tex](1.05)^t[/tex] *[tex](1.05)^(-5)[/tex]+ 50

g(t) = -100[tex](1.05)^(-5)[/tex] * [tex](1.05)^t[/tex] + 50

So the equation for the function g whose graph is the graph f(t) = -100[tex](1.05)^t[/tex] translated 5 units to the right and 50 units up is:

g(t) = -100[tex](1.05)^(-5)[/tex]* [tex](1.05)^t[/tex]+ 50

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Please help it’s urgent!!! Pls help!!! Will give brainliest!!Tina purchased a new refrigerator
on a payment plan. Four months after purchasing the refrigerator, the balance was $630. Six months after purchasing the refrigerator,
the balance was $520.
Write an equation that models the balance y after t months.
y = _t + _

Answers

Answer:

We can use the slope-intercept form of a linear equation to model the balance y after t months, where the slope represents the rate of change of the balance and the y-intercept represents the initial balance.

The initial balance (y-intercept) is the amount Tina borrowed to buy the refrigerator, which we don't know. But we can find the slope using the two data points provided:

Four months: balance = $630

Six months: balance = $520

The change in the balance over the two-month period is:

$520 - $630 = -$110

The slope of the line is the rate of change of the balance per month, which is:

slope = Δy/Δt = (-$110)/(6-4) = -$55/month

Using the point-slope form of a linear equation, we can plug in one of the data points to find the y-intercept:

y - 630 = -$55(t - 4)

y - 630 = -$55t + 220

y = -$55t + 850

Therefore, the equation that models the balance y after t months is:

y = -$55t + 850.

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