Interpret the y-intercept and slope in the context of the following situation. For the slope, give the most simplified rate using whole numbers.

A savings account in a bank has $300. Every month, someone deposits $50.(2 points)
The y-intercept is $
. The slope is $
every
month(s).

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
6 months ago

The y-intercept is 300, which represents the initial amount of money in the savings account.

The slope is 50, which represents the rate at which money is deposited into the savings account every month. This means that $50 is deposited into the account every month.