document.write( "Question 260610: Your favorite aunt put money in a savings account for you. The account earns simple interest; that is, it increases by a fixed amount each year. After 2 years your account has $8250 in it and after 5 years it has $9375. Let x represent number of years and y amount of money in your account.\r
\n" );
document.write( "\n" );
document.write( "A. Construct a linear equation to model the amount of money in your account after X years.\r
\n" );
document.write( "\n" );
document.write( "I got y=375x + 8248 not sure if it's correct\r
\n" );
document.write( "\n" );
document.write( "B. How much did your aunt put in initially? I got $8,248\r
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( "C. How much will your account have after 10 years? I got $11,998 \n" );
document.write( "
Algebra.Com's Answer #191974 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! So what did you do to make the equation? What formulas did you use? \n" ); document.write( "What is the slope? \n" ); document.write( "How did you get what you got? \n" ); document.write( "Where is your work? \n" ); document.write( "They look like pure bad guesses to me. \n" ); document.write( "After two years $8248 earned $2 in interest but after ten years it is going to earn over $3000 ? \n" ); document.write( " \n" ); document.write( " |