If I have a price of 125 and there is a 20% discount, what is my price now?
2 answers:
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9514 1404 393
Answer:
y = 4/5x +13/5
Step-by-step explanation:
The slope is given by the formula ...
m = (y2 -y1)/(x2 -x1)
m = (5 -1)/(3 -(-2)) = 4/5
The y-intercept is given by the formula ...
b = y -mx . . . . for any point (x, y)
b = 1 -(4/5)(-2) = 1 +8/5 = 13/5 . . . . using the first point
So, the equation is ...
y = mx +b
y = 4/5x +13/5
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<em>Additional comment</em>
If you have a bunch of these to do, you may want to make a spreadsheet with the formulas built in. Then you can type in the two points and have it spit out the m and b for your equation. Even if you don't use it to <em>do</em> the work, you can use it to <em>check</em> the work.
