A line that includes the point (0,1) has a slope of -1/5 What is it's equation in slope-intercept form?

y = -1/5x + 1

Step-by-step explanation:

1 is the y-intercept, and the formula for slope-intercept is y = mx + b.

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you can solve this problem using a long method to further understand the relationship of each decline in sales.

400,000 cd x 17% = 68,000

one year from now, the sales would be 332,000 (400,000 – 68,000)

332,000 cd x 17% = 56,440

two years from now, the sales would be 275,560 (332,000 – 56,440)

275,560 cd x 17% = 46,845

three years from now, the sales would be 228,755 (275,560 – 46,845)