If an amount of money $A$ results in investing a sum $P$ at a simple interest rate of 7% for 10 years, then $A = 1.7 P$ Graph this equation for ordered pairs $( P , A )$

Question

Quizplus · Accepted Answer

The equation is in the form of y = mx where m = 1.7 and x = P. So, the graph should be a straight line passing through the origin with a slope of 1.7. Option B shows a straight line with a slope of 1.7 passing through the origin, so it is the correct choice.

If an Amount of Money AAA Results in Investing a Sum PPP

If an Amount of Money $A$ Results in Investing a Sum $P$