A photographer charges $20 for an 8 x 10 photo plus a sitting fee. Luann spent $55 on two 8 x 10 photographs and the sitting fee. Assume the relationship is linear. Find and interpret the rate of change and the initial value.

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).