Question

Linear ApplicationThe function V(x) = 20.6 +2.2x gives the value (in thousands of dollars) of an investmentafter a months.Interpret the Slope in this situation.The value of this investment is decreasing✓at a rate ofdollars per year V

Answer 1

Case: Interpreting slopes from linear equations

Method:

V(x) = 20.6 + 2.2x

Compared to

y = mx + b

Where m is the slope and it is being interpreted as the rise for every single run on the line graph.

As it applies,

V(x) = 20.6 + 2.2x

m = 2.2 thousand ie. 2200

It is interpreted as the amount the value increases by each month.

Final answer:

The value of this investment is increasing at a rate of $2200 each month