Question 93366: The percentage of workers receiving direct deposit of their paychecks went from 32% in 1994 to 60% in 2004. Let 1994 be year 0 and 2004 be year 10.
a)write the equation of the line through (0,32) and (10,60) to model the growth of direct deposit.
I am having trouble producing an equation. Kindly help.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! a)write the equation of the line through (0,32) and (10,60) to model the growth of direct deposit.
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The y-intercept is 32.
The slope = [60-32] / [10-0] = 28/10 = 14/5
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EQUATION:
growth = (14/5)(years since 1994) + 32
y = (14/5)x + 32
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Cheers,
Stan H.
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