Question

Savings koji began depositing money into his savings account each week when he started a job. the amount of money in the account y is given by 195x−3y=−246 , where x is the time in weeks since he started his job.

Answer 1

The student's question involves solving a linear equation to understand savings growth over time, integrating concepts of algebra and the real-world implication of compound interest.

Step-by-step explanation:

The question presented involves creating a mathematical model that represents the saving behavior of an individual over time. Savings are calculated by the linear equation 195x−3y=−246, where 'y' represents the amount of money in the savings account and 'x' represents time in weeks since the individual started the job. This question relates to the understanding of algebra, specifically how to manipulate and solve linear equations. The provided context gives real-world application by explaining how saving money from income and the effects of compound interest can impact future savings. The key takeaway is that saving money early and allowing it to grow through compound interest can lead to significant increases in future wealth.