The equation that models this situation is y = 50x + 75, where y is the amount of money in the account and x is the number of deposits.What

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The equation that models this situation is y = 50x + 75, where y is the amount of money in the account and x is the number of deposits.What does the y-intercept mean in this situation?

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    2021-10-14T21:24:49+00:00

    We are given equation y = 50x + 75.

    Where y is the amount of money in the account and x is the number of deposits.

    y-intercept is the point on y-axis where x=0.

    x represents the number of deposits.

    When number of deposit is 0 that means there is no any deposit the x value would be 0.

    So, when x=0, we get

    y = 50x +75

    = 50(0)+75

    = 0+75

    =75.

    Therefore, when x=0, it represents initial amount in account.

    And initial amount in account is $75.

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