Mitch opens a savings account with $175. He plans on putting $70 into his account every month. He wrote the following equation to show how much money he has put into it over time.

y = 70x + 175

if x represents the months from the time he opened the account, and y reprensents the amount of money in his account what does the y-intercept represent?

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16 May, 10:12

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Ryann · Answer 1

Y-intercept happens when x = 0

y-intercept represents if Mitch doesn't add the monthly savings, so the savings account will still remain in $175