1) Find the graph of a line passing through (-1, 4) and (2, 0).
The slope of two points can be determined by dividing the difference of y-values by the difference of x-values:
The slope of this equation is -4/3. Inputting this into the slope-intercept form of an equation, we get:
To find b, substitute x and y for one of the given coordinate pairs:
0 = (-4/3)(2) + b
0 = -8/3 + b
8/3 = b
Substitute the b value into the equation to finish the line:
Answer:
7
Step-by-step explanation:
Based on the amount that she paid in the first month, the amount Ronda will pay for the next month is<u> $396.</u>
When a loan is amortized, it means that one can pay it off by paying the same amount every period until they would have paid off both the loan and the associated interest.
The amortized amount contains:
- A portion going towards the principal(debt )
- A portion going towards the interest accumulated.
In conclusion, as the amount is the same every time, Ronda will have to pay the same amount of $396 the next month.
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