“your salary is $25,000 and you will be receiving a 2.5% pay increase this year. what will your new salary be? ”

If your current salary is the 100%, and you get a 2.5% increase, that means the new salary would be 102.5% of 25,000. This percentage could also be written as 1.025, which you would multiply to 25,000 to get your new salary.

1.025 · 25,000 = 25,625

Therefore, your new salary would be $25,625

Where m is the slope of the line and b is the y-intercept of the line, or the y-coordinate of the point at which the line crosses the y-axis. to write an equation in slope-intercept form, given a graph of that equation, pick two points on the line and use them to find the slope. this is the value of m in the equation.