Face value of a note payable plus interest is called
2 answers:
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Answer:
Using the point-slope form:
The equation of the line is given by:
.....[1] where
m is the slope of the line and is the point on the line.
As per the statement:
Given: Two points i,e (34, 76) and (42, 91)
First calculate slope(m):
Slope is given by:
Substitute the given values we have;
Now, substitute the value of m and (34, 76) in [1] we have;
Using distributive property:
Add 76 to both sides we get;
Therefore, the equation of the trend line is: