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Mathematics 14 Online
OpenStudy (anonymous):

Do help, please. @IMStuck

OpenStudy (anonymous):

Do you know how to find the slope of this line?

OpenStudy (imstuck):

Ok honey...at the point (0,234), that means that when she started the account, she started it with $234. Then after 5 years she has 270.27, which is the point (5,270.27) See that so far?

OpenStudy (anonymous):

Yes.

OpenStudy (imstuck):

Ok, you have a linear situation with her account. It grows at a steady rate. So the interest rate can be found by finding the slope of the line between any two points on that line. @Venny is correct here.

OpenStudy (anonymous):

yay, finally some normal stuff~!

OpenStudy (imstuck):

You use the points on the line to find the rate of change between the points, which in this case is the slope.

OpenStudy (imstuck):

\[\frac{ y _{2}-y _{1} }{ x _{2}-x _{1} }\]\[\frac{ 270.27-234 }{5-0 }=\frac{ 36.27 }{ 5 }=7.25\approx7.3\]

OpenStudy (imstuck):

Do you see how to do this?

OpenStudy (anonymous):

Yes, that's not so bad.

OpenStudy (imstuck):

More?

OpenStudy (anonymous):

Problems?

OpenStudy (imstuck):

yes

OpenStudy (anonymous):

or more steps?

OpenStudy (imstuck):

more problems?

OpenStudy (anonymous):

we're done with this one?

OpenStudy (imstuck):

Yes, it's 7.3

OpenStudy (anonymous):

I only need you to help me verify this one and then I just have one more to actually "do".

OpenStudy (imstuck):

ok

OpenStudy (anonymous):

D.

OpenStudy (imstuck):

Yes D

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