Let x be the number of months and y be the total amount of money Olivia will have in her account.
Since Olivia starts with $3000 and earns $3 in interest per month, the equation can be represented as:
y = 3000 + 3x
Therefore, the linear function that models the relationship between the number of months and the total amount of money Olivia will have in her account is y = 3000 + 3x.
Olivia is opening a bank account. She learned that there is a special promotion where if she deposits $3000 and then makes no additional deposits or withdrawals, her account will earn three dollars in interest per month. Write the equation of a linear function that models the relationship between number of months and total amount of money, Olivia Will have in her account
1 answer
1 answer