Jacob and Kerrie are trying to figure out how long they can live off their $84,670 savings if they spend $370 each month. They have each created an equation.
Jacob's Equation Kerrie's Equation
y = 84,670 + (370x) y = 84,670 - (370x)
Which person has the correct equation to model this linear relationship? (4 points)
Kerrie's equation is incorrect, because their spending will increase the amount of their savings.
• Kerrie's equation is correct, because their spending will be multiplied by the number of months and then subtracted from their savings.
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Jacob's equation is correct, because their spending will be multiplied by the number of months and then subtracted from their savings.
Jacob's equation is incorrect, because their spending should be a fixed amount and should not be multiplied.