Given the graph of the line and it is required to find the equation of the line.
As shown the line pass through the points ( 0 , 1080 ) and ( 6 , 810 )
Let the months = x and $ Owed = y
The general equation of the line in slope - intercept form is ;
Where m is the slope and b is y-intercept
The slope = Rise/Run
Rise = 810 - 1080 = -270
Run = 6 - 0 = 6
so, the slope :
And y - intercept is the value of y when x = 0
so, when x = 0 , y = 1080
So,
Therefore the equation of the line will be: