You want to deposit $12,000 in a bank at an interest rate of 8 percent per year. What is the future value of this money after fi
1 answer:
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ANSWER
The required line is BC
EXPLANATION
We want to find the line that passes through
and has slope
Since the x-value of the given point is zero, the point
is the y-intercept.
From the above graph, the two lines that contains
are line CE and line BC.
Since, the slope
is negative, line BC is the required line because it is sloping backwards.
We can confirm this by using the point,
and
to find the slope and obtain
The required line is BC
EXPLANATION
We want to find the line that passes through
and has slope
Since the x-value of the given point is zero, the point
is the y-intercept.
From the above graph, the two lines that contains
are line CE and line BC.
Since, the slope
is negative, line BC is the required line because it is sloping backwards.
We can confirm this by using the point,
and
to find the slope and obtain