Answer:
The Slope(Slope = 7) represents the amount by which her savings increases per week.
The Y-intercept(Y intercept = 20) represents her initial savings before starting this process of saving 7$ per week.
Explanation:
Given,
Initial Savings = 20$,
Additional savings per week = 7$,
Assuming 'x' no. of weeks passed by, her savings would be,
Total savings(y) = Initial Savings + Added Savings
y = 20$ + 7
y = (7x + 20)$
This is an equation of a straight line.
We know that,
For a line in the Slope Intercept form(y = mx + c)
The slope is m and the y-Intercept is c.
Therefore here,for the y = 7x +20 equation,
Slope = 7 = Change in Added Savings per week.
Y-Intercept = 20 = Initial Savings.