Answer:
1. Write both ratios as fractions and reduce them completely. If they are the same fraction, the ratios form a proportion.
2. Write both ratios as fractions. Do the cross products by multiplying the denominator of each fraction by the numerator of the other fraction. If the cross products are equal, the ratios form a proportion.
Answer:
9
Step-by-step explanation:
Y intercept when x = 0
Y = 9
Answer:
Your loan was for $16,000.
Step-by-step explanation:
The formula for simple interest is i = prt, where p is the principal, r is the interest rate as a decimal fraction, and t is the time in years.
If i = prt, then p = i / (rt)
Here, p = ($1200) / 0.075 = $16,000
Your loan was for $16,000.