For the following situations write a formula that gives the value of the investment, C, in terms of the number of years since the investment was made, x. The investment started with $700 and increased by $36 each year. The investment started with $1100 and increases by 1.46% each year. The investment started with $900 and decreases by 1.17% each year. The investment started with $1200 and decreases by $62 each year.
Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
For the following situations write a formula that gives the value of the investment, C, in terms of the number of years since the investment was made, x.
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The investment started with $700 and increased by $36 each year.
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The investment started with $1100 and increases by 1.46% each year.
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The investment started with $900 and decreases by 1.17% each year.
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The investment started with $1200 and decreases by $62 each year.
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