Question 1030966
My little sister, Savannah, is three years old. She has a piggy bank that she wants to fill. She started with five pennies and each day when I come home from school, she is excited when I give her three pennies that are left over from my lunch money.
Sister's Equation:: V(d) = 0.05 + 0.03d  :::::linear:: Note that d = # of days
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 I’m more sophisticated than my little sister so I save my money in a bank account that pays me 3% interest on the money in the account at the end of each month. (If I take my money out before the end of the month, I don’t earn any interest for the month.) I started the account with $50 that I got for my birthday.
Your Equation: V(m) = 50(1+(0.03)^m:::::: exponential::Note that d = # of months
 Create an equation that models each situation, determine if it is linear, quadratic, or exponential and then describe whose money will grow the fastest
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Your money growns faster because it is compounded.
Cheers,
Stan H.
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