Find the original cost of a rocking chair selling for $99.99 at 15% off.
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For this case we have that by definition, the equation of the line of the slope-intersection form is given by:
Where:
m: It is the slope of the line
b: It is the cut-off point with the y axis.
According to the data of the statement we have the following points:
We found the slope:
Thus, the equation is of the form:
We substitute one of the points and find b:
Finally, the equation is:
Answer: