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For each situation, define variables and what units they might have (no need to write formulas). State whether the quantity is changing in a linear or exponential fashion.

A savings account, which earns no interest, receives a deposit of $723 per month.

Guest Feb 8, 2018
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Let M  =  number of months in which deposits are made

Let T  be the total amount  in the account after M months  [ assuming no withdrawals ]

 

So...we have

 

T  = 723M  

 

And this is linear

 

 

cool cool cool

CPhill  Feb 8, 2018
edited by CPhill  Feb 8, 2018

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