Find the Y-Intercept of the Line Determined by the Equation $$- 7 x + 4 y = 3$$

question 30

Multiple Choice

Find the y-intercept of the line determined by the equation.? $$- 7 x + 4 y = 3$$ ?

• A) \(\left( 0 , \frac { 7 } { 4 } \right)\)
• B) \(\left( 0 , \frac { 3 } { 4 } \right)\)
• C) \(\left( 0 , - \frac { 3 } { 4 } \right)\)
• D) \(\left( - \frac { 7 } { 4 } , 0 \right)\)
• E) \(\left( 0 , - \frac { 7 } { 4 } \right)\)

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Definitions:

Note Issuance

The process of creating and distributing a debt security or promissory note, promising to pay back a specified amount of money at a future date.

Face Amount

The nominal value of a security stated by the issuer, for example, the value printed on the face of a bond.

Interest Rate

The percentage of a loan charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage rate.

Note Issuance

The process of creating and distributing a promissory note, which is a financial instrument indicating a promise to pay.