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I need help in this, please

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Sagot :

Answer:

Please check explanations

Step-by-step explanation:

Here, we want to get the following;

1. Initial deposit

The initial deposit is the value of y when x = 0

We can see this at x = 1000

2. slope and y-intercept

The y-intercept is the y-value of the graph when x = 0

It is the point at which the graph crosses the y-axis

From the plot, we can see that the y-intercept is 1000

To get the slope, we select and two points on the graph and apply the slope formula

The points selected are;

(2,2000) and (4,3000)

The formula for the slope is;

y = (y2-y1)/(x2-x1)

y = (3000-2000)/(4-2) = 1000/2 = $500 per month

3. Generally the equation of a line is;

y = mx + b

where m is slope and b is the intercept

So the equation will be;

y = 500x + 1000

4. The meaning of slope in the graph represents the unit of amount saved per month in the plan. It is just giving us a breakdown of what’s saved by each month on the plan