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The equation V=23.4+2.8xgives the value (in thousands of dollars) of an investment after xmonths.

The equation V=23.4+2.8xgives the value (in thousands of dollars) of an investment-example-1
User Hieu
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1 Answer

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Given the following equation:


\text{ V = 23.4 + 2.8x}

In the standard slope-intercept form, y = mx + b, m represents the slope of the equation.

If the slope is positive, it is increasing.

If the slope is negative, it is decreasing.

From the given equation, V = 23.4 + 2.8x, it appears that 2.8 is the slope in this equation. Since it is a positive number, it is increasing.

Therefore, we can say that:

The value of this investment is increasing at a rate of 2.8 thousand dollars per month.

User Gonza Oviedo
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