A business man invested 10,500 in a company and the value increases 3.5% each year. How much will be the investment after 12 yea
2 answers:
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For this case we have by definition, that the equation of a line in the slope-intersection form is given by:
Where:
m: It's the slope
b: It is the cutoff point with the y axis
We need two points through which the line passes to find the slope:
We found the slope:
So, the equation is of the form:
We substitute a point to find "b":
Finally, the equation is:
Answer:
Option C