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Kazeer [188]
3 years ago
6

The graph shows the total fare, y, for a taxi ride with respect to the miles traveled, x.

Mathematics
1 answer:
Setler79 [48]3 years ago
7 0

Answer:

y-intercept = 3

The y-intercept represents the initial fee before any miles are traveled.

Step-by-step explanation:

By definition, the <u>y-intercept</u> is the y-coordinate of the point where the graph of the linear equation crosses the y-axis. The y-intercept is also the value of y when x = 0. The coordinates of the y-intercept is (0, <em>b </em>).

Looking at your graph, it shows that the line crosses the y-axis at (0, 3). Therefore, the y-intercept = 3.

The y-intercept represents the initial fee before any miles are traveled. This means that the taxi ride already has a set amount of $3, regardless of the number of miles traveled. This is added to the total cost of the taxi fare, which is represented by y.

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Given Information:

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Period in years = t = 5

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Step-by-step explanation:

Using the formula given in the question,

B = P(1 + r )^{t}

Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years

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The amount of interest earned is

Amount \:of\: interest = B - P \\\\Amount \:of \:interest = 7,299.92 - 6,000\\\\Amount \:of \:interest = 1,299.92

Therefore, Quincy has earned $1,299.92 in terms of interest by investing  $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.

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