Math Problem Statement
What does the y-intercept represent in the graph showing how the amount in Colby's savings account increases over the next 10 years?
Solution
The problem asks: "What does the y-intercept represent?"
Looking at the graph and the context provided:
- The vertical axis (y-axis) represents the amount of money in Colby's savings account (in dollars).
- The horizontal axis (x-axis) represents time in years.
The y-intercept occurs where the graph crosses the y-axis. In this case, the graph starts at $100 on the y-axis when time (x) is 0. This represents the initial amount of money Colby put into the savings account.
Answer:
The y-intercept represents the initial amount of money that Colby put into the savings account, which is $100.
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Math Problem Analysis
Mathematical Concepts
Linear Graphs
Y-Intercept
Savings Growth
Formulas
-
Theorems
Y-intercept Theorem
Suitable Grade Level
Grade 6-8