Lisa has a credit card that charges 5% interest on a monthly balance. She buys a $120 bike and plans to pay for it by making monthly payments of $60. How many months will it take her to pay it off? Assume the first payment she makes is charged no interest because she paid it before the first bill.

answer: 33 ( approx)

step-by-step explanation:

since, in the linear regression formula, the slope is the a in the equation y = b + ax ( by comparing it with the general equation of line y = mx + c )

where,

here given table is,

price ($), x   :           18         23       25       29       30       33

pairs sold, y :         16         13         10       8         6       2

so, ,   ,   ,

and   ,

thus, slop of the given line is,

⇒  

⇒   ≈ 33

3

step-by-step explanation:

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