Frank borrows$2000 for 2years and pay back $2160 . What simple interest rate was he charged?
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The graph that represents the given linear function is attached below.
We are given a function. A function connects an input with an output. It is analogous to a machine with an input and an output. And the outcome is somehow connected to the input. The equation is linear in nature. It represents a straight line. The equation is given below.
(y - 4) = (4/3)(x - 2)
A line's general equation in slope-intercept form is y = mx + c. We will convert the given equation into this form.
y - 4 = (4/3)x - 8/3
y = (4/3)x - 8/3 + 4
y = (4/3)x + 4/3
The slope of the given equation is 4/3. The y-intercept for the given equation is 4/3.
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