Oliwia is opening a bank account she learns that there is a special promotion where she deposits $3000 and then makes no additional deposits or withdrawals. Her account will earn three dollars and interest per month. Write the equation of the function that models the relationship between number of Months and total amount of money Olivia will have

her account

1 answer

Let's denote the total amount of money in Olivia's account after "m" months as A(m).

Since Olivia deposits $3000 initially and gets $3 in interest every month, the equation for the total amount of money in her account after m months can be represented as:

A(m) = 3000 + 3m

This equation represents the relationship between the number of months and the total amount of money Olivia will have in her account.