What is the interest you will pay if you borrowed $1,250 at 4% interest for 4 years?

$200

Step-by-step explanation:

The formula for calculating interest = principal x interest rate x time

principal is the amount borrowed = $1250

interest rate = 4%

Time =  amount of years the money is borrowed for

$1250 x 0.04 x 4 = $200

the slope of the line is 60

one point on the line is (40,10)

step-by-step explanation:

in the equation outside the parenthesis the equation always tells you the slope. in this case it is 60.

in the parenthesis is also says 40 which is x because it is near the x and 10 is y because it is near y.

graph them on a graphing calculator, press 2nd trace. select intersect. hit enter until it says answer. ti 84 works best

step-by-step explanation: