Question

The average profit/loss of a company (in thousands of dollars) was documented for 30 months. The 5th month showed a loss of $3000, however the 25th month

showed a profit of $5000. Assuming the profitloss is linear, write the equation of the line, in slope-intercept form, that represents the profit/loss for each month x. Use
this result to predict the profit/loss after 60 months
Hint: Use the ordered pairs (5. - 3) and (25,5).
2
The equation of the line in slope-intercept form is y= 5x -5.
(Type an equation using x and y as the variable. Type your answer in slope-intercept form. Use integers or fractions for any numbers in the equation.)
..There would be a of safter 60 months

Answer 1

Step-by-step explanation: slope is (9-(-3))/(25-5)

12/20=0.6

point slope formula y-y1=m(x-x1), m slope (x1, y1) point

y-9=0.6(x-25)

y=0.6x-15+9

y=0.6x-6, x months and y profit.

for 60 months, y=0.6*60-6 or 36-6=$30000 profit