Correct the error. What should the line actually be?
1 answer:
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Given:
Charlie bought a new computer for $450 with his credit card.
He plans to pay the minimum payment of $25 per month.
To find:
The rate of change.
Solution:
Let y be the remaining amount of loan after x months.
Initial amount of loan = $450
Payment of one month = $25
Payment of x months = $25x
Now,
Remining amount = Initial amount of loan - Payment of x months
...(i)
The slope intercept form is
...(ii)
where, m is slope and b is y-intercept.
From (i) and (ii), we get
Therefore, the rate of change is -25 dollars.
Answer:
The demabd function is:
Step-by-step explanation:
The demand follow the linear equation
1. When p=$2.00 and q=9000, the equation is:
2. Whe p=$4.00 and q=0, the equation is:
3. Solve equation (1) for b:
4. Replace the value of b in equation (2)
The value of m is 4500
5. Calculate b, replacing m:
The value of b is 18000