A friend asks to borrow $250 for 18 months and agrees to pay 12% annual simple interest. How much interest will you earn? Round
1 answer:
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Answer:
The linear equation is;
Y = 450 - 2·X
Please find the included graph
Step-by-step explanation:
Whereby we have the following relation;
The cost of 1 pizza = X
The cost of 1 burger = Y
Hence;
450 = Y + 2·X
Which gives;
Y = 450 - 2·X
The linear equation for the situation is therefore as presented above
The graph of the linear equation can be plotted using the assumed data as follows;
Y, X
1, 448
2, 446
3, 444
4, 442
5, 440
6, 438
7, 436
8, 434
9, 432
10, 430
11, 428
12, 426
13, 424
14, 422
15, 420
16, 418
