Question

Oliwia is opening a bank account. She learns that there is a special promotion where if she deposits $3,000 and then makes no additional deposits or withdrawals, her account will earn $3 in interest per month. Write the equation of a linear function that models the relationship between number of months and total amount of money Oliwia will have in her account.(1 point)
Responses

y=3,000x+3
𝑦
=
3
,
000
𝑥
+
3
, where x
𝑥
is the number of months and y
𝑦
is the total amount of money Oliwia will have in her account.
y equals 3,000 x plus 3 , where x is the number of months and y is the total amount of money Oliwia will have in her account.

y=1,000x+3
𝑦
=
1
,
000
𝑥
+
3
, where x
𝑥
is the number of months and y
𝑦
is the total amount of money Oliwia will have in her account.
y equals 1,000 x plus 3 , where x is the number of months and y is the total amount of money Oliwia will have in her account.

y=3x+3,000
𝑦
=
3
𝑥
+
3

Answer 1

y = 3x + 3000

Explanation: the starting amount (when x = 0 months) is $3000, and the account increases by $3 each month, so slope = 3 and intercept = 3000.