Bill is depositing money into a money market account. Let y represent the total amount of money in the account (in dollars). Let x represente the number of weeks bill has been depositing money into his account. Suppose x and y are related by the equation:

Y = 55x + 1250

A) how much money is bill depositing into the account every week?

B) what was the starting amount of money in the account) ?

C) how much money will he have in his account after 26 weeks?

Question

25 December, 21:21

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Answers (1)

Know the Answer?

Tanner Nixon · Answer 1

y=mx+b

A) $55

B) $1250

C) y=55x+1250

y=55 (26) + 1250

y=1430+1250

y=2680