Question

Over two summers, Ray saved $800.00 and $600.00. The Polynomial represents his savings at the beginning of the third year, where x is the growth factor. (The interest rate r is x-1.) What is the interest he needs to save $1650.00 after the third summer?
800x^2+600x

Answer 1

(a) 0.1%
(b) 10.9%
(c) -285.9%
(d) 1.1%

Answer 2

\[1650=800x^2+600x\]

Answer 3

nvm