According to a certain central bank from 2000 to 2016 the average price of a new home in a certain region increased by %87 to
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So we will be using form, in which m = slope and b = y-intercept. Since we know the slope (-8), all we need to do is solve for the y-intercept. We can do this by inserting (-2,2) into the equation and solve for b.
Firstly, do the multiplication:
Next, subtract 16 on both sides, and your answer will be -14 = b
Using the previous info we have, our equation is y = -8x - 14