The point slope form of the line has the following form:
y – y1 = m (x – x1)
The slope m can be calculated using the formula:
m = (y2 – y1) / (x2 – x1)
m = (3 - 0) / (0 – 4) = - ¾
So the whole equation is:
y – 0 = - ¾ (x – 4)
y = - ¾ (x – 4) or
<span>y = - 0.75 (x – 4)</span>
Answer:
Account A: Decreasing at 8 % per year
Account B: Decreasing at 10.00 % per year
Account B shows the greater percentage change
Step-by-step explanation:
Part A: Percent change from exponential formula
f(x) = 9628(0.92)ˣ
The general formula for an exponential function is
y = ab^x, where
b = the base of the exponential function.
if b < 1, we have an exponential decay function.
ƒ(x) decreases as x increases.
Account A is decreasing each year.
We can rewrite the formula for an exponential decay function as:
y = a(1 – b)ˣ, where
1 – b = the decay factor
b = the percent change in decimal form
If we compare the two formulas, we find
0.92 = 1 - b
b = 1 - 0.92 = 0.08 = 8 %
The account is decreasing at an annual rate of 8 %.The account is decreasing at an annual rate of 10.00 %.
Account B recorded a greater percentage change in the amount of money over the previous year.
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