The slope of the given line is -1/3. The perpendicular line's slope is the opposite reciprocal of the given line's slope. So, the perpendicular line's slope is 3. Then we have slope intercept form y=mx+b
y=3x+b We don't know "b" which is the y-intercept for this equation, but we have the coordinates (6, -1). We can use these to find the slope by plugging them into the equation.
-1=3(6)+b -1=18+b -1-18=18+b-18 -19=b So, the resulting y-intercept is -19.
multiply 3,000 by 0.03 which will get you 90 which is 3% of that for one year and for two years you just multiply 90 by 2 and get 180. subtract 180 from 3,000