A real estate agent receives 5% commission on the first $250, 000 of a house selling price. He gets 7% of the remaining amount.
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The y-intercept (where x = 0) of the equation is at -20.
For every 60 the x runs, the y falls by -10. Use rise over run to determine the slope of the equation.
Slope-intercept form is determined by the following equation:
m is your slope, and b is your y-intercept.
Plug the slope and y-intercept into the equation.
For every 60 the x runs, the y falls by -10. Use rise over run to determine the slope of the equation.
Slope-intercept form is determined by the following equation:
m is your slope, and b is your y-intercept.
Plug the slope and y-intercept into the equation.