How does the lender in a payday loan make sure he or she doesnt lose money?
1 answer:
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Answer:
y= -2x +1
Step-by-step explanation:
<u>slope- intercept form</u><u>:</u>
y= mx +c, where m us the gradient and c is the y-intercept.
Let's find the value of m first using the gradient formula.
Gradient=
y= -2x +c
To find the value of c, substitute a pair of coordinates.
When x= -1, y=3,
3= -2(-1) +c
3= 2 +c
c= 3 -2
c= 1
Thus the equation of the line is y= -2x +1.