Determine an interest rate less than 15%, a period of investment greater than two years, and a regular payment that will result
1 answer:
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Answer:
y-4=7(x-1)
Step-by-step explanation:
Hi there!
We are given the slope of the line (7) and the point (1,4) and we need to find the equation in point-slope form.
Point-slope form is given as y-=m(x-
) where m is the slope and (
,
) is a point
We have all of the needed information for the equation, but let's first label the values of everything in order to avoid confusion
m=7
=1
=4
now substitute into the formula:
<u>y-4=7(x-1)</u>
Hope this helps! :)