A business could not collect $5,000 that it was owed. The total owed to the business was $100,000. What fraction of the total wa
1 answer:
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Answer:
Part a)
Part b)
Step-by-step explanation:
Part a)
Let
x -----> the number of weeks
y ----> the total amount Chem has deposited in a saving account
we know that
The equation of a line in slope intercept form is
where
m is the rate or slope of the linear equation
b is the y-intercept of the linear equation or initial value (value of y when the value of x is equal to zero)
In this problem we have that
The rate or slope is equal to
-----> amount deposited by Chem each week
The y-intercept or initial value is
----> amount deposited originally in the saving account
substitute the values
Part b) How much has Chem deposited 30 weeks after his initial deposit?
For x=30 weeks
substitute in the equation