Item 6 A savings account earns 5% simple interest per year. The principal is $1200. What is the balance after 4 years?
1 answer:
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Point slope form is:
y -
= m(x - 
)
With and being the coordinate points, and m being the slope.
So the coordinate points are (4, -5), and the slope is -6 in this case.
So just substitute everything in, to get:
y - ( -5) = -6(x - 4)
Or
y + 5 = -6 (x - 4)
y -
With
So the coordinate points are (4, -5), and the slope is -6 in this case.
So just substitute everything in, to get:
y - ( -5) = -6(x - 4)
Or
y + 5 = -6 (x - 4)