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OpenStudy (anonymous):
I think you messed up on the values
Remember this is simple interest not compound interest, therefore the rate of change stays the same
Check your table
OpenStudy (gokuporter):
So I just add 2% Interest based on the first deposit?
OpenStudy (anonymous):
Yup,
You take 2% of 500
And ONLY add that, you do NOT need to take 2% of any other number
:)
OpenStudy (gokuporter):
The next one after 510.00 would be 520.00?
OpenStudy (anonymous):
Yup
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OpenStudy (gokuporter):
It would be +10 every time?
OpenStudy (anonymous):
So you would just add 10 everytime
OpenStudy (anonymous):
Yep ^ said it before I did lol
Good job
OpenStudy (anonymous):
So what would be your rate of change?
And if the rate of change isn't changing what type of function is it?
OpenStudy (gokuporter):
Is it a Linear Function?
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OpenStudy (gokuporter):
@Brill ?
OpenStudy (anonymous):
Oh my bad didnt get the notification
Yes it is
So what would be the equation for this?
OpenStudy (gokuporter):
y= mx + b
OpenStudy (anonymous):
Yeah,
but what values would you substitute for m and b?
OpenStudy (gokuporter):
500 substitute b. I don't know what substitutes m.
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OpenStudy (gokuporter):
Does 10 Substitute m?
OpenStudy (anonymous):
Well what's the rate of change?
OpenStudy (anonymous):
Yup lol^
Said it before I could get the question out
OpenStudy (anonymous):
Good job :)
OpenStudy (gokuporter):
I have a another similar question.
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