Dennis deposits $6,000 in an account that earns 5.5%simple interest. How long will it take before the total amount is $8,000?
1 answer:
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Answer:
slope = -
Step-by-step explanation:
given f(4) = 6 and f(- 2) = 8 , then 2 points on the line are
(4, 6 ) and (- 2, 8 )
calculate slope m using the slope formula
m =
with (x₁, y₁ ) = (4, 6 ) and (x₂, y₂ ) = (- 2, 8 )
m = =
= -