Hey there, Belugablaze! Let's look at our slope intercept formula. y = mx+b The initial value would be b, but it is also the y-intercept graphically, as the mx only accounts for the lope and the x values. Let's try an example.
Ex. Admission to the fair costs $45 plus $67 per person. Write a linear equation.
We have: y = 67(times the number of people) plus 45(initial value, upfront cost) The 45 is where the line would cross the y axis. Hope this helps!
So, he has a dream to go to Iceland sometime. He would need to deposit a minimum of $203/month. To get this answer we need to take 20409 ÷ 180 (180 is the amount on months in 15 years.) And multiply that by the equanimity equation (y=2/5=6)
