Rodriguez has saved $8500 for college expenses. He plans to spend $700 a month from his account. Write an equation to represent the situation.

Rodriguez saved $8500 (starting value) also the y intercept
He spends $700 (-700) as decreasing per month also the slope
Y = b + mx, b being y intercept and m = slope. Now plug the values in

Solution: y = 8,500 - 700x
y being $ in his account
x being per month

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Yogeshkumari Yogeshkumari · Answer 2 · 2022-07-08T05:38:38+02:00

Equation represents the given situation is [tex]y = \$(8500- 700x)[/tex].

What is equation?

" Equation is defined as the algebraic expression which represents the relation between variables and the number using sign of equality."

According to the question,

Initial amount is Rodriguez account [tex]= \$8500[/tex]

Plans to spend a month from his account [tex]= $700[/tex]

[tex]'x'[/tex] represents the number of months

Amount spend in [tex]'x'[/tex] months [tex]= 700x[/tex]

[tex]'y'[/tex] represents the amount left in the account

As per given situation required equation is ,

[tex]y = \$(8500-700x)[/tex]

Hence, equation represents the given situation is [tex]y = \$(8500- 700x)[/tex].

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