The answer to this question is -5
<span>You are given the price of the house worth $190,300 and about 30% down payment of the price is paid with a 15 – year loan at 5.75% interest. You will use annuity due in this problem. His monthly mortgage payment is $5,468.1</span>
Answer:
The equation would be y = -1/3x + 4
Step-by-step explanation:
The first step to finding this equation needs to be solving the first equation for y so that we can find the slope.
-3x + y = 1
y = 3x + 1
Now that we have the slope of 3, we know the slope of a perpendicular line would be -1/3. This is because perpendicular lines have opposite and reciprocal slopes. We can then use this and the point to solve in point-slope form.
y - y1 = m(x - x1)
y - 2 = -1/3(x - 6)
y - 2 = -1/3x + 2
y = -1/3x + 4