an investment made in the stock market decreased at a rate of 1.2% per year for 25 years. what is the current value of the 100,0
1 answer:
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Answer:
y = 1/4 x - 1/2
Step-by-step explanation:
Remark
The general equation for a line is y = mx + b
You know that m = 1/4. The problem is what do you do about (2,0)?
Solution
y = 1/4 x + b Let x = 2 when y = 0
0 = 1/4 * 2 + b multiply 2 * 1/4
0 = 1/2 + b Subtract 1/2 from both sides
b = - 1/2
equation y = 1/4 x - 1/2
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