Write a compound interest function to model each situation. Then find the balance after the given number of years.
1 answer:
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Answer:
y = x +
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 =
with (x₁, y₁ ) = (- 2, 1 ) and (x₂, y₂ ) = (6, 3 )
m = =
=
=
, then
y = x + c ← is the partial equation
to find c substitute either of the 2 points into the partial equation
using (6, 3 ) , then
3 = + c ⇒ c = 3 -
=
y = x +
← equation of line