We have to convert 2% in to a decimal then multiply it into the x-value which is the months with the addition of 500 because that is the start value.If you were to graph this it would be a linear fuction, y=0.2x+500. The rate of change is found by slope, so rise over run. taking 2 points on the graph and do this
(y 2-y 1)/(x 2-x 1) and graph the equation and get two of the points and find the slope for the rate of change.
Answer:
y= -2x+3
Step-by-step explanation:
first find the slope=-2
determine one point like(0,3)
then use formula
y-3=-2x
y= -2x+3
Part A: Kennedy's expression is incorrect because 0.07 is 7 percent, not 70.
Part B: The correct expression would be 0.7 * 20, which equals 14