SOLUTION: what is a real-life situation that follwos a linear equation, withthe independent variables being years. What would the slope say about the future years.

Question 66627: what is a real-life situation that follwos a linear equation, withthe independent variables being years. What would the slope say about the future years.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The value of a savings account invested at Simple interest can
be expressed as a linear equation.
If interest is 5% ,the investment is for t years, the initial deposit
is $1000, then
Value after t years is V(t) = 1000(1.05)t
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Slope: if the slope is positive the the dependent variable
increases as the independent variable increases.
Cheers,
Stan H.

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