Jocelyn denot took out a $4,800 installment loan at 17% for 12 months for remodeling expenses. her monthly payments were $437.78. after five payments, the balance due was $2,897.95. if jocelyn pays off the loan with the sixth payment, how much will she save?

Hi there
total payments
437.78×12
=5,253.36
If Jocelyn pays off the loan
437.78×5+2,897.95
=5,086.85
she will save
5,253.36−5,086.85
=166.51

Good luck!

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.