Ask your own question, for FREE!
Mathematics 15 Online
OpenStudy (gokuporter):

http://prntscr.com/a3d3hl

OpenStudy (gokuporter):

@RhondaSommer :)

RhondaSommer (rhondasommer):

im not prepared to give you such a long answer. Youve asked this question like 20 times bro

RhondaSommer (rhondasommer):

okay fine. what do you know so far

OpenStudy (gokuporter):

Umm... Is the y-intercept 500$?

OpenStudy (gokuporter):

@RhondaSommer You coming back?

RhondaSommer (rhondasommer):

yes it is.

RhondaSommer (rhondasommer):

im really sorry...I am about to pass out. im super sick... and i just threw up all over my bed...ewww...

OpenStudy (gokuporter):

What the...

RhondaSommer (rhondasommer):

...i have to go...

OpenStudy (anonymous):

What part of the question don't you understand? Can you be more specific so we can help you

OpenStudy (gokuporter):

Why is the y-intercept 500$ and is this a function why or why not?

OpenStudy (gokuporter):

@Jim_thompson5910

jimthompson5910 (jim_thompson5910):

`Why is the y-intercept 500$` because this is the starting amount of money deposited. The y intercept is the value of y when x = 0. Zero is a common starting point for many functions since it's very easy to work with and it's naturally a good starting point

jimthompson5910 (jim_thompson5910):

btw it's better to say $500 instead of 500$ just based on convention

OpenStudy (gokuporter):

So Is the relation linear? If so, state the rate of change and write the equation of the relation, where x is the number of months and y is the amount in the account. If not, explain why not.

jimthompson5910 (jim_thompson5910):

I suggest filling out the table and then using the table to plot the points. If the points form a straight line, then you have a linear equation. If not, then it's nonlinear

OpenStudy (gokuporter):

How is this a function?

jimthompson5910 (jim_thompson5910):

It is a function because you can plug in any whole number for x and get some real number out. For any input, there is EXACTLY ONE output example: if x = 0 then y = 500 0 is the input 500 is the output so you can ask questions like "what is the amount in the account at 0 months?" the answer would be "500 dollars" IF there was a case where an input leads to multiple outputs, you wouldn't know what's in the account. So in this strange case, you wouldn't have a function

OpenStudy (gokuporter):

@Jim_thompson5910 uhh how do I fill in the boxes?

jimthompson5910 (jim_thompson5910):

what is 1.8% of 500?

OpenStudy (gokuporter):

9?

jimthompson5910 (jim_thompson5910):

yep, so Annie earns $9 in interest for the first month this amount is added to 500 to get 500+9=509 the number that goes in the box next to 500 is 509

jimthompson5910 (jim_thompson5910):

x = 0 ---> y = 500 month 0 has balance of $500 x = 1 ---> y = 509 month 1 has balance of $509

jimthompson5910 (jim_thompson5910):

step 1) take 1.8% of the current balance step 2) add the result from step 1 to the current balance to get the new balance

jimthompson5910 (jim_thompson5910):

you repeat these steps over and over to fill out the boxes

OpenStudy (gokuporter):

So 1.8% of 509?

OpenStudy (gokuporter):

Do you ignore the decimal?

jimthompson5910 (jim_thompson5910):

what is 1.8% of 509 ?

OpenStudy (gokuporter):

9.162

jimthompson5910 (jim_thompson5910):

keep in mind that 1.8% = 0.018

OpenStudy (gokuporter):

So you put $518.162 in the box?

jimthompson5910 (jim_thompson5910):

1.8% of 509 = 0.018*509 = ???

OpenStudy (gokuporter):

9.162

jimthompson5910 (jim_thompson5910):

good, then you add that to 509 to get 518.162

jimthompson5910 (jim_thompson5910):

now round that down to the nearest cent

OpenStudy (gokuporter):

518.2?

jimthompson5910 (jim_thompson5910):

518.162 would round to 518.16

jimthompson5910 (jim_thompson5910):

cents ---> 2 decimal places

OpenStudy (gokuporter):

Your round 1?

jimthompson5910 (jim_thompson5910):

what do you mean?

OpenStudy (gokuporter):

You round 518.1 <----

jimthompson5910 (jim_thompson5910):

when you round to the nearest cent, you are rounding to 2 decimal places

jimthompson5910 (jim_thompson5910):

so 518.16 goes in the box next to 509 so far you should have 500, 509, 518.16 in the first three boxes in the bottom row

OpenStudy (gokuporter):

Are the next ones 527.32 and 536.49?

jimthompson5910 (jim_thompson5910):

527.32 is a bit too low

OpenStudy (gokuporter):

527.34?

jimthompson5910 (jim_thompson5910):

I'm getting 518.16*1.018 = 527.48688 which rounds to 527.48

jimthompson5910 (jim_thompson5910):

keep in mind that the bank is always rounding down to the nearest penny to save money

OpenStudy (gokuporter):

How do I find the rate of change or slope?

jimthompson5910 (jim_thompson5910):

the slope only applies for linear equations first finish up the table and then plot the points do you get a straight line going through ALL the points?

OpenStudy (gokuporter):

Wait

jimthompson5910 (jim_thompson5910):

where are you stuck?

OpenStudy (gokuporter):

I'm getting my pencil.

jimthompson5910 (jim_thompson5910):

ok

OpenStudy (gokuporter):

How do you do that?

jimthompson5910 (jim_thompson5910):

do what exactly?

jimthompson5910 (jim_thompson5910):

plot the points?

OpenStudy (gokuporter):

Yeah

jimthompson5910 (jim_thompson5910):

do you have graph paper with you?

OpenStudy (gokuporter):

Yes

jimthompson5910 (jim_thompson5910):

ok so first draw an xy axis then label the axis the x axis will have 0, 1, 2, 3, 4, etc the y axis will have 100, 200, 300, 400, 500, 600, 700, etc let me know when you've set up your axis

OpenStudy (gokuporter):

I have it set up

jimthompson5910 (jim_thompson5910):

ok so the first column has 0 and 500 in it that means x = 0 and y = 500 so the first point we plot is (0,500) do you know how to plot this point?

OpenStudy (gokuporter):

Yeah

jimthompson5910 (jim_thompson5910):

ok then the next point would be \(\Large (\color{red}{1},\color{blue}{509})\) because this corresponds to month \(\LARGE \color{red}{1}\) having a balance of \(\LARGE \color{blue}{509} \) dollars

OpenStudy (gokuporter):

Move on.

jimthompson5910 (jim_thompson5910):

then (2, 518.16) is the next point after that

jimthompson5910 (jim_thompson5910):

each column of the table represents a point x on top y on the bottom

OpenStudy (gokuporter):

Okay

OpenStudy (gokuporter):

So..

jimthompson5910 (jim_thompson5910):

one moment

jimthompson5910 (jim_thompson5910):

ok so graphing is probably going to take too long because we need a lot of points (more than what we have already) do you know the slope formula?

OpenStudy (gokuporter):

@xapproachesinfinity

OpenStudy (gokuporter):

@kropot72

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!