Example 3

An investment of $500 is compounded monthly at an annual rate of 3%. What is the equation that models the value of the investment? Graph the equation both on a calculator and on graph paper.

 

Walch Education

 
Resource Type
Activity
Tags
coordinate  creating  equation  equations  graphing  in  labeling  planes  setting  two  up variables Show More…
Target Group (Age)
14 – 18
Language
English
 
 
 
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