Austin qualified for a $30,000 loan with 7.49% interest in order to buy a new ski boat. The term of his loan is 10 years and his monthly payments are $355.95. Find the amount of INTEREST Austin will pay.

b

step-by-step explanation:

the equation of a line in point- slope form is

y - b = m(x - a)

where m is the slope and (a, b) a point on the line

calculate m using the slope formula

m = (y₂ - y₁ ) / (x₂ - x₁ )

with (x₁, y₁ ) = (0, 4) and (x₂, y₂ ) = (3, - 5) ← 2 points on the line

m = = = - 3

with m = - 3 and (a, b) = (3, - 5), then

y - (- 5) = - 3(x - 3), that is

y + 5 = - 3(x - 3) → b

slope =   (y2 -y1) ÷ (x2 -x1)

slope = (0 -0) / (-5, -7)

slope = 0 / -12 = 0

the slope of the line is zero.   it is perfectly horizontal.

step-by-step explanation: