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Richard starts a savings account with $3000 and plans to save $120 monthly thereafter. Identify the rate of change (slope) and the initial amount (y-intercept). Write and equation.
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Richard starts a savings account with $3000 and plans to save $120 monthly thereafter. Identify the rate of change (slope) and the initial amount (y-intercept). Write and equation.

User Paul Sheldrake
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1 Answer

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slope is 120
initial amount (y-intercept) is 3000
y=120x+3000
x is number of months
User Terhechte
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