The y-intercept represents the initial amount in the savings account, which is $300.
The slope represents the rate at which money is being deposited into the savings account. In this case, the slope is $50 every 1 month.
Therefore, the y-intercept is $300 and the slope is $50 every 1 month.
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).
1 answer
1 answer