How do you write an equation in slope-intercept form to show that Andrew puts in a down payment of $1500 and pays $350 per month in installments to buy a car?

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Answer 1 · 2014-10-25T04:57:59

Let #y# be the total payments at any given time.
Let #x# be the number of months since paying the downpayments

Since you already paid $1500 at time #x = 0#, your #y#-intercept should be $1500. Since you pay $350 every month, your equation should be

#y = 350x + 1500#