Find the Equation of the Line Described, and Express Your $8 x + 7 y = 54$

question 95

Multiple Choice

Find the equation of the line described, and express your answer in the specified form.
-Parallel to the line 5x + 7y = 54; passes through the point (8, 8) ; standard form

• A) \(8 x + 7 y = 54\)
• B) \(5 x - 7 y = 96\)
• C) \(7 x + 5 y = 8\)
• D) \(5 x + 7 y = 96\)

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Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, particularly concerning liquidity.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of shareholder wealth maximization.

Payback Period

The length of time required to recover the cost of an investment.

IRR

The rate at which the projected cash flows of an investment will yield a net present value of zero, used as a measure to assess the profitability of investments.