Question

8. Consider a $2 principal investment with a 10% annual simple interest rate.

a. Write and graph the simple interest equation that represents the situation.
b. What does the y-intercept represent?
c. What does the slope of the graph represent?
d. What does the point (5, 3) represent on the graph?

Answer 1

(I can only really help with number 2, I'm sorry :(((

2.The y-intercept of a line is the value of y where the line crosses the y-axis. In other words, it is the value of y when the value of x is equal to 0.