Sam has a loan for $1200 at a rate of 9% annually. How much interest will he pay in 5 years?
2 answers:
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Answer:
y = -4x + 2
Step-by-step explanation:
y = mx + b ( slope-intercept)
1. Find Slope:
Lets name 2 as y2 and 10 as y1. And 0 as x2 and 2 as x1.
=
= -4
m/slope = -4
2. Find y-intercept:
2 = -4(0) + b
= 2 = b
Y-intercept/b = 2
3. Put into slope-intercept form:
y = mx + b
= y = -4x + 2
Hope that helps! :D