Slope Intercept form is: y=mx+b
Standard Form is: Ax+By=C
Point Slope form is: y-y1=m(x-x1)
Here's the given:
P=$400
i=7.5%
A=$8500
The formula used for this problem is:
A = P(1+i)^t
Manipulating the equation to arrive at t, we have:
t = ln(A/P) / ln(1+i)
Plugging in values:
t = ln($8500/$400) / ln(1+0.075)
t = 42.26 years
Hello here is a solution:
equation for the line is : y = ax+b a : slope
let A(3;-1) B(-5;3)
a= ((3)-(-1))/(-5)-(3))
a= 4/-8
a=-1/2
y=(-1/2) x+b
- 1 = (-1/2)(3)+b
b= 1/2
the equatdion is : y=(-1/2)x+1/2
