Jack invests $1500 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent hi
1 answer:
You might be interested in
For this case we have that by definition, the equation of a line of the slope-intersection form is given by:
Where:
m: It's the slope
b: It is the cut-off point with the y axis
We have two points through which the line passes, so we can find the slope:
Thus, the equation is of the form:
We substitute one of the points and find "b":
Finally, the equation is of the form:
ANswer: