SOLUTION: algebra 1 in exercises 11 and 12 you have $50 in your savings account at the beginning of the year. each month you save $30. assuming no interest is paid, the equation s= 30m + mod
Algebra.Com
Question 734026: algebra 1 in exercises 11 and 12 you have $50 in your savings account at the beginning of the year. each month you save $30. assuming no interest is paid, the equation s= 30m + models the amount of money s in your savings after m moths. what is the slope of the graph of the line ? what is the answer with explanation
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
you have $50 in your savings account at the beginning of the year. each month you save $30. assuming no interest is paid, the equation s= 30m + 50 models the amount of money s in your savings after m moths. what is the slope of the graph of the line ? what is the answer with explanation
------
Slope = 30
----
Slope is ALWAYS the change in y when x changes by 1.
In your problem is the change in savings each month.
===================
Cheers,
Stan H.
RELATED QUESTIONS
It is now the beginning of the year. Assume that, starting at the end of the year, you... (answered by Theo)
You invest $250 in your savings account at the end of each year and earn an avaerage of... (answered by Fombitz)
You are trying to plan for retirement in 20 years and currently have $85,000 in a savings (answered by solver91311)
PLEASSEEE HELPPP !!!
You are deposing $20 each month in a credit union savings club... (answered by ewatrrr)
You have $100 in your savings account and plan to deposit $20 each month. Write and graph (answered by Boreal)
1)Suppose you invest $150 at the end of each month for 6 years into an account earning 6% (answered by ikleyn)
Use formulas: S = P*(1+r/12^12t-1) / (r/12)
S stands for the accumulated savings when... (answered by Paul)
Instead of spending his additional earnings each month, mike chooses to open a savings... (answered by doggod)
You deposit $3000 at the beginning of each year into an account earning 6% interest... (answered by ikleyn)