The date of death for a widow was 2017. If the estate was valued at $7.36 million and the estate was taxed at 40 percent, what w
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Answer: The equation is y = 4x+3
Slope = 4
y intercept = 3
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Explanation:
Let's start off by finding the slope.
The slope is 4.
The y intercept is 3 because of the point (0,3)
We go from y = mx+b to y = 4x+3
m = slope
b = y intercept
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Check:
Plug in x = 0 and we should get to y = 3
y = 4x+3
y = 4(0)+3
y = 0+3
y = 3
That works out. Now try x = 4. It should lead to y = 19
y = 4x+3
y = 4(4)+3
y = 16+3
y = 19
The answer is confirmed.