Sam has a loan for $1200 at a rate of 9% annually. If the interest is not compounded, how much interest will he pay in 5 years?
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Answer:
D. y = –2x – 7
Step-by-step explanation:
First, find the <em>rate</em><em> </em><em>of change</em><em> </em>[<em>slope</em>]:
-y₁ + y₂\-x₁ + x₂ = m
In this case, the y-intercept of [0, -7] is ALREADY given to you, so we would not have to go further in this case.
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