Find the mount of simple interest on a 1800$ loan at 6% for 3 years
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Answer:
<h2>y = 2</h2>Step-by-step explanation:
To find the value of y when x = 8 we must first find the relationship between the two variables.
The statement
y varies directly with variable x is written as
y = kx
where k is the constant of proportionality
when
x = 12
y = 3
Substitute the values into the above formula and solve for k
That's
3 = 12k
Divide both sides by 12
So the formula for the variation is
when
x = 8
we have the final answer as
<h3>y = 2</h3>Hope this helps you
For this case we have that by definition, the equation of a line in the slope-intersection form is given by:
Where:
m: It is the slope of the line
b: It is the cut-off point with the y axis
We have the following points:
Substituting we have:
Thus, the equation is of the form:
We substitute one of the points and find "b":
Finally, the equation is of the form:
Answer: