Jane put 3000$ into a savings account that earns 6% interest. After six years, how much interest does Jane earn ?
1 answer:
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Answer:
see explanation
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 2, - 6) and (x₂, y₂ ) = (2, - 3) ← 2 points on the line
m = =
, thus
y = x + c ← is the partial equation
To find c substitute either ot the 2 points into the partial equation
Using (2, - 3), then
- 3 = + c ⇒ c = - 3 -
= -
y = x -
← equation of line