Answer:
Step-by-step explanation:
Answer:
In the equation of a straight line (when the equation is written as "y = mx + b"), the slope is the number "m" that is multiplied on the x, and "b" is the y-intercept (that is, the point where the line crosses the vertical y-axis). This useful form of the line equation is sensibly named the "slope-intercept form".
Step-by-step explanation:
Here's the equation for one year:
0.06(6500) + 6500
But because it is 25 years:
25(0.06(6500)) + 6500
1.5(6500) + 6500
We can make it simpler:
2.5(6500)
The total amount is $16350