1. y = mx + b, where m=slope and, for parallel lines, slopes are equal so m=2.
y = 2x+b
We know this line passes through (-1, 4), so when x=-1, y=4. This lets you find 'b', the y-intercept:
4 = 2(-1) + b
b = 6 —> Equation of the line sought is
2. Use
F = future value
P = present value
r = annual % rate (expressed as a decimal)
n = number of payments per year
t = number of years
dollars
3. , m can be calculated from
y = -3x + b, use either point to solve for 'b':
7 = -3(-2) + b —> b = 1
Final version of equation is