You decide to purchase a Lexus 350. The bank agrees to give you $45,000 loan with a 2% simple interest rate for 5 years.
How much will you owe back to the bank?
You have 15 years to payback the loan. How much will your monthly payments?

s

step-by-step explanation:

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is