document.write( "Question 1105763: Time(y) 0 1 2 3 4 5
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document.write( "Balance($) 5000 5600 6272 7025 7868 8812\r
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document.write( "Write an equation to represent this relation, is it linear or not explain. \n" );
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Algebra.Com's Answer #720654 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! it is not linear. If it were, the change from 0 to 1 (+600) would be the same for every single year, and it increases to (+672) for the second year and (+944) for the fifth year. \n" ); document.write( "This is compound interest and the initial increase of 600 in one year is 600/5000 or 0.12 increase. \n" ); document.write( "y=5000(1.12)^n, where n is between 0 and 5 \n" ); document.write( "when n=0, y=5000 \n" ); document.write( "exponential equation. \n" ); document.write( " |