Interpreting Linear Relationships Practice

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Question
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).
Remaining Attempts : 3

1 answer

To interpret the y-intercept and slope in the context of the given situation:

  1. y-intercept: The y-intercept represents the initial amount in the savings account before any deposits are made. In this case, the y-intercept is $300.

  2. slope: The slope refers to the rate of change, which in this context is the amount of money deposited into the savings account each month. Since $50 is deposited every month, the slope is $50 every month.

Putting it all together:

  • The y-intercept is $300.
  • The slope is $50 every month.