Use the following compound interest formula to complete the problem. A = P (1 + StartFraction r over n EndFraction) superscript
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Answer:
Step-by-step explanation:
Given the points (3, 9) and (9, 1), we must first solve for the slope of the line before proceeding with writing the point-slope form.
In order to solve for the slope (<em>m </em>), use the following formula:
m = (y₂ - y₁)/(x₂ - x₁)
Let (x₁, y₁) = (3, 9)
(x₂, y₂) = (9, 1)
Substitute these values into the given formula:
m = (y₂ - y₁)/(x₂ - x₁)
m = (1 - 9)/(9 - 3)
Therefore, the slope of the line, m = -4/3.
Next, using the slope, m = -4/3, and one of the given points, (x₁, y₁) = (3, 9), substitute these values into the following point-slope form:
y - y₁ = m(x - x₁)
⇒ This is the <u>point-slope form</u>.