The y-intercept is $300, which represents the initial amount of money in the savings account.
The slope is $50 every month, which means that every month, $50 is added to the savings account. This can be simplified to a rate of $25 per two weeks.
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