The relationship between the number of months and amount owed is:
y = -50x + 500
The amount owed is the dependent variable
The number of months is the independent variable
Word problem on linear equations
The amount borrowed is the initial amount owed
Let the number of months be represented by x
Let the amount borrowed be represented by y
The graph gives a linear relationship
Calculate the slope(m) by selecting two points on the line
(6, 200) and (10, 0)
[tex]m=\frac{y_2-y_1}{x_2-x_1} \\\\m=\frac{0-200}{10-6} \\\\m=\frac{-200}{4} \\\\m=-50[/tex]
The line touches the y-axis on y = 100
Therefore, the y-intercept, c = 500
The equation is represented by the slope-intercept form of the equation of a line
y = mx + c
Substitute m = -50 and c = 500 into the equation
y = -50x + 500
The relationship between the number of months and amount owed is:
y = -50x + 500
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