|
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
-----------
Slope: if the slope is positive the the dependent variable
increases as the independent variable increases.
Cheers,
Stan H.
|
|
|
| |