Answer:
3/4 using equation y2-y1/x2-x1
Step-by-step explanation:
Use the equation y2-y1/x2-x1
x1, y1 x2, y2
(16,12) (0,0)
0-12/0-16= -12/-16= 3/4
Month_1 Value = Month_0 Value * 0.95
Month_2 Value = Month_1 Value * 0.95 = Moth_0 Value * 0.95*0.95 = Month_0 Value * 0.95^2
Month _n Value = Month_0 Value * (0.95)^n
After 2 years ==> n = 24
Month_24 Value = Month_0 Value * (0.95)^24 = 2,000,000 *(0.95)^24 = 583,978.05
3/5 - 2/5 = 1/5
I hope that helps!
