For this case we have that by definition, the equation of a line of the slope-intersection form is given by:

Where:
m: It is the slope of the line
: It is a point through which the line passes.
We have to:

Thus, the equation is of the form:

We substitute the point 

Finally, the equation is:

Answer:


The average profit of the local store is an illustration of an exponential function
The profit function is: 
<h3>How to determine the function</h3>
From the question, we have:
- Initial value (a) = 960
- Rate per year (b) = 88%
An exponential function is represented as:

So, the function that represents the profit per year is:

Divide x by 12 to get the monthly rate

Evaluate the exponent

Hence, the profit function is: 
Read more about exponential functions at:
brainly.com/question/11464095
Answer: For this equation b=-63