So it would be
40-.07(40)=b
B=37.2 dollars
Hello!
Rate of income tax = Tax paid / Monthly income
⇒ Rate = 8,000 / 40,000
⇒ Rate = 0.2
⇒ Rate = 20%
∴ The rate of income tax is 20%.
We are given two points: (-1, -1) and (1, -4). Slope is calculated as the change in y over the change in x, or rise over run.
The change in y is the difference of the two y coordinates (it doesn't matter the order): -1 - (-4) = 3
The change in x is the difference of the two x coordinates (this order depends on the order that you subtracted the y coordinates; they must be the same order): -1 - 1 = -2.
So, the slope is 3/-2
Yes, yes it is!
Because every point on the line of this equation is also a solution!
THis is called a linear equation!