Oliwia is opening a bank account. She learns that there is a special promotion where if she deposits $3,000 and then makes no additional deposits or withdrawals, her account will earn $3 in interest per month. Write the equation of a linear function that models the relationship between number of months and total amount of money Oliwia will have in her account.
1. y = 3x + 3,000, where x is the number of months and y is the total amount of money Oliwia will have in her account.
2. y = 1,000x + 3, where x is the number of months and y is the total amount of money Oliwia will have in her account.
3. y = 3,000x + 3, where x is the number of months and y is the total amount of money Oliwia will have in her account.
4. y = 3x + 1,000, where x is the number of months and y is the total amount of money Oliwia will have in her account.
1 answer
1. y = 3x + 3,000, where x is the number of months and y is the total amount of money Oliwia will have in her account.