Rob is saving money for a down payment on a house. He opens a savings account at his local bank and deposits $1000. He models his savings plan with the equation y = 400x + 1000 based on his current income and monthly savings rate. What is the meaning of the y-intercept in the equation?
Responses
A largest amount that he can savelargest amount that he can save
B date when he will have enough saveddate when he will have enough saved
C date his savings account was starteddate his savings account was started
D starting amount in his savings account