Question

You must show all necessary work neatly and completely for full credit.

1. I have a bank account with $2500 and every month I withdraw $50. Write a linear
model in slope-intercept form to model this situation.

Answer 1

To model the bank account situation, use the linear model b = -50m + 2500.

Step-by-step explanation:

To model this situation, we need to determine the relationship between the balance in the bank account and the number of months. Let's use 'b' to represent the balance and 'm' to represent the number of months. Initially, the balance is $2500, and every month $50 is withdrawn. This means that for each month, the balance decreases by $50. So we can express the linear model in slope-intercept form as:

b = -50m + 2500

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