Find slope: (y2-y1)/(x2-x1)
(6-3)/(-5-0) = 3/-5 = -3/5
Equation: y = -3/5x + b
Plug in a point
3 = -3/5(0) + b, b = 3
Solution: y = -3/5x + 3
21080000.00
Hope it helped
1) Since it was 0 years when the college opened, we put x=0 and we get
T=12000
2) 0.03%
3) From 1990 to 2020, it is 30 years. Thus, x=30.
T=12000*(1.03)^30
For calculations for the 2nd point, refer to the picture.
Hope this helps!
For future whenever you solve these type, just know that x is a variable and tree have to insert out own value for x according to the questions’s demand.