Answer:
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Step-by-step explanation:
Linear, because the graph of the line is just a straight line without any curves, and the power of x is 1. If x was raised to the second, third, fourth, etc. power, it would be a nonlinear equation.
A personal balance sheet provides an overall snapshot of your wealth at a specific period in time. It is a summary of your assets (what you own), your liabilities (what you owe) and your net worth (assets minus liabilities).
