Determine the effective monthly growth rate for a population that grows at a rate of 23% each year
2 answers:
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Writing the slope-intercept form of a linear equation, we have:
Where m is the slope and b is the y-intercept.
Since parallel lines have the same slope, we can see that the slope of the line y = 2/3x + 1 is equal m = 2/3, so for our equation we also have m = 2/3.
Now, using the point (0, -4), we have:
So our equation is:
y = 2/3x - 4