Suppose $7,000 is deposited in an account paying 2% interest per year compounded monthly. Find the amount in the account after 2
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The slope would be 0 because if you put in the coordinates with the formula, you would get the slope as 0. This also makes sense because both points have the same y point, so that means that the line wasn’t travelling up or down. And since it was only going through -8 that would be the y-intercept.
