Step-by-step explanation:
350 decreasing at 3% per year
the function is
y = mx + c
m is the gradiant (change)
c is the y-intercept (when x = 0)
first m
it is decreasing by 3 %
3% as a decimal = 0.03
m = -0.03
c is
at the start
we start with 350
c = 350
put back into the equation
y = ?x + ?
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