What is the interest on a loan of $200 if you borrow it for 24 months at a yearly interest rate of 9%?
1 answer:
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Answer:
-8=2x-y get this into y=mx+b form to find the y-intercept
-y=-2x-8
y=2x+8
the y-intercept is 8 so it passes through (0,8)
to find the x-intercept, set y to equal zero
0=2x+8
-8=2x
x=-4
the x-intercept is -4 so it passes through (-4,0)
the slope is 2 based on the slope-intercept form
