QuestionEvery month after that, he deposits the same amount of money.
The equation that models this situation is , where is the amount of money in the account and is the number of deposits.
What does the -intercept mean in this situation?
A. He puts in the account each month.
B. He puts in the account each month.
C. He was given for his birthday.
Studdy Solution
STEP 1
1. The equation is in the form of a linear equation , where is the slope and is the -intercept.
2. The -intercept represents the initial value of when .
STEP 2
1. Identify the -intercept in the equation.
2. Interpret the meaning of the -intercept in the context of the problem.
STEP 3
Identify the -intercept in the equation .
The -intercept is the constant term in the equation, which is .
STEP 4
Interpret the meaning of the -intercept in the context of the problem.
The -intercept represents the initial amount of money in the account before any deposits are made. This means that when , or before any deposits have been made, there is already \$50 in the account.
The -intercept means that he initially had \$50 in the account before making any deposits. The correct interpretation is not listed among the options provided. However, if we were to choose the closest interpretation, it would be that the initial amount in the account is \$50, which is not explicitly stated in the options A, B, or C.
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