http://prntscr.com/a3d3hl
@RhondaSommer :)
im not prepared to give you such a long answer. Youve asked this question like 20 times bro
okay fine. what do you know so far
Umm... Is the y-intercept 500$?
@RhondaSommer You coming back?
yes it is.
im really sorry...I am about to pass out. im super sick... and i just threw up all over my bed...ewww...
What the...
...i have to go...
What part of the question don't you understand? Can you be more specific so we can help you
Why is the y-intercept 500$ and is this a function why or why not?
@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
btw it's better to say $500 instead of 500$ just based on convention
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.
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
How is this a function?
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
@Jim_thompson5910 uhh how do I fill in the boxes?
what is 1.8% of 500?
9?
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
x = 0 ---> y = 500 month 0 has balance of $500 x = 1 ---> y = 509 month 1 has balance of $509
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
you repeat these steps over and over to fill out the boxes
So 1.8% of 509?
Do you ignore the decimal?
what is 1.8% of 509 ?
9.162
keep in mind that 1.8% = 0.018
So you put $518.162 in the box?
1.8% of 509 = 0.018*509 = ???
9.162
good, then you add that to 509 to get 518.162
now round that down to the nearest cent
518.2?
518.162 would round to 518.16
cents ---> 2 decimal places
Your round 1?
what do you mean?
You round 518.1 <----
when you round to the nearest cent, you are rounding to 2 decimal places
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
Are the next ones 527.32 and 536.49?
527.32 is a bit too low
527.34?
I'm getting 518.16*1.018 = 527.48688 which rounds to 527.48
keep in mind that the bank is always rounding down to the nearest penny to save money
How do I find the rate of change or slope?
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?
Wait
where are you stuck?
I'm getting my pencil.
ok
How do you do that?
do what exactly?
plot the points?
Yeah
do you have graph paper with you?
Yes
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
I have it set up
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?
Yeah
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
Move on.
then (2, 518.16) is the next point after that
each column of the table represents a point x on top y on the bottom
Okay
So..
one moment
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?
@xapproachesinfinity
@kropot72
Join our real-time social learning platform and learn together with your friends!