$2,000 2 years at an interest rate of 11.0% is round up to the nearest cent
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Answer:
Step-by-step explanation:
We are given a graph and asked to find the slope.
So we can see two coordinate points, one on (0, 3) and (2, 0).
When trying to find slope, we use the method rise over run, which basically means y over x as a fraction, in which you then divide.
So count how many times it'll take for x to get to y, base it off the picture below
Since we see our numbers to be divided are 3 over 2, do the division and you get 1 1/2.
Would this be negative though? No, since the graph is in an increase, not a decrease.
