Find the mount of simple interest on a 1800$ loan at 6% for 3 years
1 answer:
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Answer:
Step-by-step explanation:
Let's write to slope-intercept form.
We do this by solving for
Add 2x to both sides
Divide both sides by 4
Now that we have that equation in slope-intercept form, the question wants us to find a line that is parallel to it that passes the point (-5, -1).
A line is parallel to another line is they have the same exact slope.
The slope is .
Slope-intercept form: , where
is the slope and
is the y-intercept.
So, let's see what we have here so far.
All we have to do is find .
The question wants the line to pass the point (-5, -1).
Let's plug that point in.
We have all the information needed to finish this problem!
So, the line that is parallel to and passes through the point (-5, -1).
