Question

Jaime is not very good at budgeting his money. He realizes that his bank account is declining at a constant rat
of 544 dollars per day. Jaime initially had $660 in the bank.
Write an equation in slope-intercept form and use it to find the number of days it will take Jaime to be
completely broke (have no money).

Answer 1

Answer: He will go broke in less than 2 days

Step-by-step explanation:

If he initially  had $660 and his money is decrease at $544 per day then we could set up the equation,

y = -554x + 660

Now since this is the equation  y represent the money and  x represent the days.

He will have no money if y is 0  so plot in 0 and solve for x.

0 = -554x + 660

-660            -660

-660 = -554x

x = 1.19    which means he will go broke in less than 2 days.