Question

You are given a graph of a linear equation, where the x-axis is time in months and the y-axis is money (in thousands) in your bank account. The equation of the line goes through the points (0, 5) and (10, 0). Explain what these points represent in the context of the situation.

Answer 1

(0,5) is on the y-axis before any time has past. This means that when you opened the bank account, you started with $5,000.

(10,0) is on the x-axis. This means that at ten months, you had zero dollars remaining in the account.

Answer 2

(0,5) - The initial amount in the bank account was $5000.

(10,0) - After 10 months, the amount left in the bank account is $0.

Explanation:

We are given the graph of a linear equation in which,

X-axis represents time (in months) and Y-axis represents money (in thousands).

Now, the line passes through the points (0,5) and (10,0).

(0,5) represents that when x= 0, the value of y= 5.

i.e. (0,5) represents that when the bank account was opened, the initial amount was $5000.

And, (10,0) represents that when x= 10, the value of y= 0.

i.e. (10,0) represents that after 10 months, the amount left in the bank account is $0.