Devin borrowed $1,058 at 13 percent for nine months.
We have to calculate the interest paid.
Interest =
Substituting the values of
Principal = $1058
Rate = 13%
Time = 9 months = year
Interest =
Interest = 103.155
= 103.16
So, Devin will pay 103.16 as the interest.
Therefore, Option A is the correct answer.
So we will be using form, in which m = slope and b = y-intercept. Since we know the slope (-8), all we need to do is solve for the y-intercept. We can do this by inserting (-2,2) into the equation and solve for b.
Firstly, do the multiplication:
Next, subtract 16 on both sides, and your answer will be -14 = b
Using the previous info we have, our equation is y = -8x - 14