Michael invests $2000 in an annuity that offers an interest rate of 4%
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Answer:
Step-by-step explanation:
slope-intercept form:
Start with the given equation, and to find the slope, convert it to slope-intercept form by solving for y.
In this case, all you need to do is subtract 3x from both sides.
Here, the slope is -3. The slope of a parallel line will also be -3.
Now, we have 3 known variables. We have the slope and the x and y of a known point. Use those 3 knowns to solve for the 1 unknown, the y-intercept.
Finally, with the slope and the y-intercept, you can write the equation of the line: