if you put $300 into a savings account and the bank account has a 4% annual compound interest-rate, find how much money will be
1 answer:
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<h3>Answer: 7/4</h3>
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How to get that answer:
The slope is the rate of change for any linear function.
Apply the slope formula for any two points on the diagonal line.
I'll use the points (-4, -3) and (0, 4)
The slope is m = 7/4
This indicates that each time we go up 7 (rise), we also go to the right 4 units (run)
slope = rise/run = 7/4
rise = 7, run = 4
The fraction 7/4 converts to the decimal form 1.75