Given:
There are given the equation:
[tex]550+30x=y[/tex]
Explanation:
According to the question:
First, we need find the change per week in the amount of money.
So,
We need to compare this equation with the standard form of the equation:
So,
[tex]y=mx+b=30x+550[/tex]
So,
If m>0, then the change will increase, and if m<0, the change will be decreased.
So,
The amount of money change per week is 30.
And,
The starting amount of money is 550.
Final answer:
Hence, the answer of both part is shown below:
[tex]\begin{gathered} (a):30 \\ (b):550 \end{gathered}[/tex]