You retire at age 67. Your 401(k) retirement plan has a balance of $2,900,000.00. Suppose the acc 5% interest, compounded monthly, and you want an income of $66,000 a year. How much interest, in dollars,
does the account earn in month 3?

Step-by-step explanation:

Note that any line parallel to the given line will have the same slope as the line given.

Given the equation of the line expressed as x - 3y =-27

Rewrite in standard form y = mx+c where m is the slope

x - 3y =-27

-3y = -x -27

Multiply  through by -11

3y = x+27

Divide through by 3

y = 1/3 x + 9

Since the slope of the line is 1/3, hence the slope of a line parallel to the line is also 1/3