What is the monthly payment rate for a $20,000 loan for 4 years with an annual interest rate of 4.8%
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Answer:
Step-by-step explanation:
y=-1/3x+9
This is written in the format y=mx+b, where m is the slope and b the y-intercept (the value of y when x=0).
Perpendicular lines have a slope that is the negative inverse of the slope of the reference line, in this case -(1/3). The new slope is 3. equation is:
y = 3x + b
To find b, enter the given point, (-6,-2) and solve for b:
y = 3x + b
-2 = 3(-6) + b
-2 = -18 + b
b = 16
The full equation is y=3x + 18
