Question

The balance in Ms. Wilson's retirement account may be modeled by the linear function y=75x+3000
where x
represents the number of months that have passed and y
represents the account balance. Based on this function, which of these is the BEST prediction of Ms. Wilson's total savings after 5 years?(1 point)
Responses

$9000
$9000

$3080
$3080

$3375
$3375

$7500
$7500

Answer 1

5 years = 60 months. y = 75(60) + 3000 = 4500 + 3000 = $7500.

Answer: $7500.