Find an Equation of the Line Containing the Given Pair $\left( 1 , \frac { 5 } { 8 } \right)$

question 23

Multiple Choice

Find an equation of the line containing the given pair of points
- $\left( 1 , \frac { 5 } { 8 } \right)$ and $\left( 8 , \frac { 3 } { 2 } \right)$

• A) \(y = 8 x - 4\)
• B) \(y = \frac { 1 } { 8 } x + \frac { 1 } { 2 }\)
• C) \(y = 8 x - \frac { 59 } { 8 }\)
• D) \(y = \frac { 1 } { 8 } x + \frac { 59 } { 64 }\)

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Definitions:

Simple Rate of Return

A method to estimate the profitability of an investment, calculated by dividing the net annual income by the initial investment cost.

Deliver of Prescriptions

The process or service of delivering prescribed medication to patients.

Discount Rate

In discounted cash flow analysis, this interest rate is crucial for deducing the present monetary value of cash inflows expected in future periods.

Net Present Value

The difference between the present value of cash inflows and outflows over a period, used to assess the profitability of an investment.