The correct statement regarding which linear function has the lowest y-intercept is given by:
Tim’s with a y-intercept of $2,780
<h3>What is a linear function?</h3>
A linear function is modeled by:
y = mx + b
In which:
- m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
- b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.
For Tim's account, we have that:
m = 225, y(8) = 4580, hence:
y = 225x + b.
4580 = 225(8) + b
b = 4580 - 225(8)
b = $2,780.
For Paul's account, the y-intercept is given by:
y = 1400 + 56(26) = $2,856.
Hence the correct statement is:
Tim’s with a y-intercept of $2,780
More can be learned about linear functions at brainly.com/question/24808124
#SPJ1
