Mike's credit card has an APR of 9.89% and a grace period of 16 days, and Mike pays his balance in full every month. If his last
2 answers:
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Answer:
y= -6x +1
Step-by-step explanation:
The equation of a line is usually written in the form of y=mx +c, where m is the gradient (or slope) and c is the y-intercept.
In order to find the equation of a line, you would need 2 things:
① Gradient (← can be found)
② Coordinate (✓ we have 2 coordinates here)
To find the gradient, use the gradient formula below:
Substitute the value of m into the equation:
y= -6x +c
To find the value of c, substitute a pair of coordinates.
When x=1, y= -5,
-5= -6(1) +c
c -6= -5
c= 6 -5
c= 1
Thus, the equation of the line is y= -6x +1.