Find the total amount that must be repaid on the following note described. $8,593 borrowed at 15.5% simple interest
What is the total amount to be repaid 3 years, 125 days later? (Round your answer to the nearest cent.)

y = 3x+4

step-by-step explanation:

to find the slope

slope = (y2-y1)/ (x2-x1)

    = (-8-4)/ (-4-0)

    = -12/-4

  = 3

using the slope intercept form of a line

y= mx+b

we know the slope is 3

we know the y intercept is 4 ( the point where it crosses the y axis or x=0)

y = 3x+4