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devlian [24]
3 years ago
14

Rob is saving money for a down payment on a house. He opens a savings account at his local bank and deposits $1000. He models hi

s savings plan with the equation y = 400x + 1000 based on his current income and monthly savings rate. What is the meaning of the y-intercept in the equation?
Mathematics
1 answer:
PilotLPTM [1.2K]3 years ago
6 0

Answer:

starting amount in his savings account

Step-by-step explanation:

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