Suppose that $2000 is loaned at a rate of 19.5%, compounded semiannually. Assuming that no payments are made, find the amount ow
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Answer:
y=-1/4x
Step-by-step explanation:
METHOD 1: The basic slope-intercept equation is <em>y=ax+b</em>. To achieve the slope with two points, this is the equation:
All you have to do is insert points (-4, 1) and (4, -1) into their corresponding locations.
With this equation, you will be able to find the slope. Then you can simply graph it to connect the two dots.
METHOD 2: Simply connect the two dots with a straight line (use a ruler or something with a straight edge.) Then count how many spaces up/down and left/right. If the line goes from top to bottom from left to right, it is a negative slope (hence, the -1/4.)