9.6k views
3 votes
The equation V=19.4+2.7x gives the value (in thousands of dollars) of an investment after x months.

The equation V=19.4+2.7x gives the value (in thousands of dollars) of an investment-example-1
User Groxan
by
5.6k points

1 Answer

3 votes

For this problem, we are given the expression to a linear function:


V=19.4+2.7x

That represents the value of an investment in the function of the number of months it passed. We need to interpret the Slope in this situation.

In order to solve this, we first need to identify the slope. The slope is the number multiplying "x" in this instance, we have:


m=2.7

It represents the variation the invested money undergoes when one month is passed. For instance, if in the beginning, we have 19.4 thousand dollars, then after one month we will have a value that is 2.7 thousand greater than that.

The value of this investment is increased at a rate of 2.7

User Boyce
by
6.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.