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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.

 Feb 8, 2018

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

 Feb 8, 2018
edited by CPhill  Feb 8, 2018

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