Question

Junior is going to deposit an equal amount of money into a checking account each month until he has saved $2000 the amount of money y in the account after x months can be modeled by the equation y=35x+250
what does the slope of the graph of the equation represent?

Answer 1

The equation is written in slope-intercept form, or y = mx + b. M is the slope, and b is the y-intercept. If 35 is the slope, according to the question, I can assume that the slope (35) represents the amount Junior will deposit each month. 250 is the initial amount he had in the account when he started depositing equal amounts of money.

The linear graph created by the equation represents the amount of money in his bank account over time. As the months go by (x value increases), the money in the bank account increases as well (y value increases).