age - 2, 4, 6, 8
saved money - 2000, 3500, 5000, 6500
I know the equation 750x+500
and the slope is 750
but i just dont know what it represents in the data
2006-12-21 09:22:56 · 4 answers · asked by errizer 1 in Science & Mathematics ➔ Mathematics
slope represents the savings per year
y isthe amount of money saved
500 is the initial balance
750 is the moneysaved / year
2006-12-21 09:27:21 · answer #1 · answered by raj 7 · 1⤊ 0⤋
It means
Saved $ = 500 + 1500 x N where N is the increment.
It means that the saving starts with a fixed amount of 500 and incremented by 1500 at each interval.
Or it shows the sum of balance from prvious year plus the year increment. Assumes a starting balance of 500
( 500+1500)= 500 starting year
( 500+1500)= 2000
(2000+1500)= 3500
(3500+1500)= 5000, and
(5000+1500)= 6500
If the slope is 750, then the increment is recorded (or given) only when two inrements are due.
2006-12-21 17:51:19 · answer #2 · answered by Ottawan-Canada 3 · 0⤊ 0⤋
it means that for every year the saved money is 750 higher than year before, starting with 0 years with 500
2006-12-21 17:26:55 · answer #3 · answered by PaD 2 · 1⤊ 0⤋
The rate of increase of saved money with relation to age.
Just a guess
2006-12-21 17:27:52 · answer #4 · answered by E 5 · 0⤊ 1⤋