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A you borrows $10000 for 5 years at 12% compound interest. How much will the man have to repay?
2 answers:
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Answer:
We conclude that the rule for the table in terms of x and y is:
- y = 3x+2
Step-by-step explanation:
The table indicates that there is constant change in the x and y values, meaning the table represents the linear function the graph of which would be a straight line.
We know the slope-intercept form of the line equation
y = mx+b
where m is the slope and b is the y-intercept.
Taking two points
- (-2, -4)
- (-1, -1)
Finding the slope between (-2, -4) and (-1, -1)
We know that the y-intercept can be determined by setting x = 0 and finding the corresponding y-value.
Taking another point (0, 2) from the table.
It means at x = 0, y = 2.
Thus, the y-intercept b = 2
Using the slope-intercept form of the linear line function
y = mx+b
substituting m = 3 and b = 2
y = 3x+2
Therefore, we conclude that the rule for the table in terms of x and y is:
- y = 3x+2