Answer:
The slope is 745 and the y-intercept is 500
The slope means The amount of money increases by $745 per month
The y-intercept means the business opened with initial amount $500
Explanation:
* Lets explain how to solve the question
- The graph represents the relation between the number of months
since the business opened and the total amount of money the
business has earned
- The x-axis represents the number of month
- The y-axis represents the amount of money
- In the line the slopes from any two points on the line are equal
- The slope of the line whose end-points are (x1 , y1) and (x2 , y2)
is
![m=(y_(2)-y_(1))/(x_(2)-x_(1))](https://img.qammunity.org/2020/formulas/mathematics/high-school/3fxtemrxoojbluu7ia4t5ray7mr5l0mruj.png)
- The equation of the line is y = mx + c ,where m is the slope of the line
and c is the y-intercept
* Lets check is the relation between x and y is linear by calculating the
slopes between each to points
∵ (2 , 1990) , (5 , 4225) , (9 , 7205) are points from the graph
- m1 is the slope of the points (2 , 1990) and (5 , 4225) , m2 is the slope
of the points (5 , 42250) and (9 , 7205) , m3 is the slope of the points
(2 , 1990) and (9 , 7205)
∵
![m_(1)=(4225-1990)/(5-2)=745](https://img.qammunity.org/2020/formulas/mathematics/middle-school/b8urs9aahibaphrub4ptut7i6xtetyi8yj.png)
∵
![m_(2)=(7205-4225)/(9-5)=745](https://img.qammunity.org/2020/formulas/mathematics/middle-school/3q25cj1em7s72auhcgkg46jvmqu8uibhyh.png)
∵
![m_{3=(7205-1990)/(9-2)}=745](https://img.qammunity.org/2020/formulas/mathematics/middle-school/ygh1coemfncn47pmnjjgrugpp4yn3pt2qe.png)
∴ m1 = m2 = m3 = 745
∴ The relation between the number of months and the amount of
money is linear
* The slope is 745
∵ The form of the linear equation is y = mx + c
∵ m = 745
∴ y = 745 x + c
- The y-intercept means the line intersect the y-axis at point (0 , c),
then to find c substitute x and y of the equation by the coordinates
of any point on the line
∵ x = 2 , y = 1990
∴ 1990 = 745(2) + c
∴ 1990 = 1490 + c ⇒ subtract 1490 from both sides
∴ c = 500
∵ c is the y-intercept
* The y-intercept is 500
* The slope represents the rate of increasing of money per month
∴ The amount of money increases by $745 per month
* The y-intercept represents the initial amount of money when the
business opened
∴ The business opened with initial amount $500