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Answer:
D. Tim’s with a y-intercept of $2,780
Step-by-step explanation:
The function with the smaller y-intercept is Tim’s with a y-intercept of $2,780
The equation of Paul's savings is given as:
y-1400=56(x+26)
Set x to 0, to calculate the y-intercept
y-1400=56(0+26)
Evaluate the sum
y-1400=56(26)
Evaluate the product
y-1400=1456
Add 1400 to both sides
y = 2856
For Tim, we have the following equation
y = 225x + c
Where c represents the y-intercept
After eight months, the bank account has $4,580
So, we have:
4580 = 225*8 + c
Evaluate the product
4580 = 1800 + c
Subtract 1800 from both sides
c = 2780
2780 is less than 2856
Hence, the function with the smaller y-intercept is Tim’s with a y-intercept of $2,780
Read more about y-intercepts at:
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