document.write( "Question 166603: A credit manager rates each applicant for a car loan on a scale of 1 through 5 and then determines the interest rate from the accompanying table FIND THE EQUATION of the linear in slope-intercept form that goes through these points: (1,24)(2,20)(3,16)(4,12)(5,8) \n" ); document.write( "
Algebra.Com's Answer #122786 by nerdybill(7384)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Slope between two points, can be found by: \n" ); document.write( "m = (y2-y1)/(x2-x1) \n" ); document.write( ". \n" ); document.write( "We can pick any two points but we'll pick 1 and 2 to determine the slope: \n" ); document.write( "m = (y2-y1)/(x2-x1) \n" ); document.write( "m = (20-24)/(2-1) \n" ); document.write( "m = (-4)/(1) \n" ); document.write( "m = -4 \n" ); document.write( ". \n" ); document.write( "Now, we can plug any point, say (5,8), and the slope (-4) and plug it into the \"point-slope\" form: \n" ); document.write( "y-y1 = m(x-x1) \n" ); document.write( "y-8 = -4(x-5) \n" ); document.write( "y-8 = -4x + 20 \n" ); document.write( "y = -4x + 28 (this is what they're looking for)\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |