Aborrower had a loan of $ 60 comma 000.00 at 4 % compounded annually comma with 8 annual payments. suppose the borrower paid off the loan after 4 years. calculate the amount needed to pay off the loan. the amount needed to pay off this loan after 4 years is $.

Abit confused about what you mean, but i think you might be referring to slope intercept form: y = mx + bin that case b, or the y intercept is already given.(0,-1)find the slope by using the formulay2 - y1/x2 - x1the final slope will be 4/2, equivalent to 2.now your equation should look like thisy = 4/2x -1sorry if this didn’t you out!