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ki77a [65]
3 years ago
5

Consider the following two loans for P0=$20,000.

Mathematics
1 answer:
kap26 [50]3 years ago
5 0
Loan B has the lower interest rate 12%.
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#1.) What is the slope between point C and Point D? *Please Show All Work*
ANTONII [103]

Answer:

1. m = slope = \frac{12}{7}

2. y = \frac{12}{7}x

3. Domain: 0≤x≤7

Range: 0≤y≤12

Step-by-step explanation:

1. Assuming 1 unit = 1 box on the grid, therefore, coordinates of C and D would be:

C(0, 0),

D(7, 12)

Slope = m = \frac{y_2 - y_1}{x_2 - x_1} = \frac{12 - 0}{7 - 0} = \frac{12}{7}

2. Equation of the using the slope-intercept formula, y = mx + b, where,

m = slope = \frac{12}{7}

b = y-intercept, which is where the line CD cuts the y-axis = 0

Plug in the values for m and b into the formula to get the equation of the line:

y = \frac{12}{7}x + 0

y = \frac{12}{7}x

3. The domain for C to D part = all x-values = 0≤x≤7

The range = all y-values = 0≤y≤12

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