Ryan has an eight-year loan for $6,000. He is being charged an interest rate of 5 percent, compounded annually. Calculate the to
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Answer: The equation for line b is
The equation for line t is
The attachment shows the original line in green, the parallel line b in red, and the perpendicular line t in blue.
Step-by-step explanation: Use slope intercept form, y = mx + b
The given coordinate, (0,5) is on the y-axis, so 5 will be the y-intercept of the equation. Keep the slope of the original equation and substitute the new value for "b"
To write the equation for line t
Both lines share the y-intercept, (0,5) so the "b" term will be the same. The slope of a perpendicular line is the reciprocal of the original slope with the opposite sign.
So invert 3/4 to become 4/3 and change the negative sign to positive.
The resulting equation is y = 4x/3 + 5
