how much simple interest is earned on an investment of $1250 if the money is invested for 5 years at an annual interest rate of
1 answer:
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I have attached the graph. I did this using desmos.com. Try it out sometime. I hope that helps.
The equation of the line is
Explanation:
Given that the line passes through the points (-5,-3)
The slope of the line is
We need to determine the equation of the line.
<u>Equation of the line:</u>
The equation of the line can be determined using the formula,
Let us substitute the points (-5,-3) and the slope in the above formula.
Thus, we have;
Simplifying, we get;
Subtracting 3 from both sides of the equation, we get;
Hence, the equation of the line in slope - intercept form is