Select the correct answer from each drop-down menu. When she was 20, Liz started saving $6,000 a year for retirement. Her goal i
s to reach $100,000 in savings by the time she's 30. Her account earns 8% interest per year, compounded annually. Liz have saved $100,000 by age 30. She'll her goal by about .
1 answer:
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<h3>Answer:</h3>
y=-5x-2
<h3>Solution:</h3>- We are given the line's slope and a point that it passes through.
- Using the given information, we can write the equation of the line in Point-Slope Form:
- In this formula, y₁ stands for the y-coordinate of the point, m stands for the slope of the line, and x₁ stands for the x-coordinate of the point.
- In this case, y₁ is equal to -12, m is equal to -5, and x₁ is equal to 2.
- Plug in the values:
- y-(-12)=-5(x-2)
- y+12=-5(x-2)
- Now, convert into Slope-Intercept Form, y=mx+b:
- y+12=-5x+10
- y=-5x+10-12
- y=-5x-2
Hope it helps.
Do comment if you have any query.