<span>Step 1: 0.4 = 4⁄10</span>
<span>Step 2: Simplify 4⁄10 = 2⁄5</span>
The equation is y=2.5x.
Let the y axes increase by 2.5 and the x axes by ones
Savings account100 shares x $9.75 = $975, then multiplied by 0.045 will result to $43.89.
Stock100 shares x $9.75 = $975, then multiplied by 0.08 will result to $78.00.
So, the difference between your stocks and savings account by end of the year is $34.11 ($78.00 deducted by $43.89).Your stock is gaining higher APR by $34.11 than what's calculated in your savings account.
1. (x, y) = (7, -12)
2. x = 1, x = 2 are both solutions
