Question

Karma was given some birthday money. She puts money in an account. Every month after that, she deposits the same amount of money. The equation that models this situation is y=75x+60, where y is the amount of money in the account and x is the number of deposits. What does the y-intercept mean in this situation

Answer 1

Answer:

y represents the amount in the bank account after 7 months.

Step-by-step explanation:

Let karma gets x money on his birthday.

He has 60 in his account initially

He deposits teh same money for the seven months

So, the money he has after the seven months is 7 x + 60  

According to the question,

y =7 x + 60

It shows that the amount after seven months is y.