6. An investment account was opened with $3,000 in the year a) What are the independent and dependent variables? Include labels and units. 19 b) Is the relationship between the variables in part (a) linear or exponential? Explain HOW you know. c) Write an equation expressing the relationship between the variables. d) If the investment continues to decrease at this rate, what will it be in the year 2020? Show how you use the equation in Part (c) and round your answer to the nearest cent.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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6. An investment account was opened with $3,000 in the year 2000, and decreased at a rate of every year
a) What are the independent and dependent variables? Include labels and units.
19
b) Is the relationship between the variables in part (a) linear or exponential? Explain HOW you know.
c) Write an equation expressing the relationship between the variables.
d) If the investment continues to decrease at this rate, what will it be in the year 2020?
Show how you use the equation in Part (c) and round your answer to the nearest cent.
Transcribed Image Text:6. An investment account was opened with $3,000 in the year 2000, and decreased at a rate of every year a) What are the independent and dependent variables? Include labels and units. 19 b) Is the relationship between the variables in part (a) linear or exponential? Explain HOW you know. c) Write an equation expressing the relationship between the variables. d) If the investment continues to decrease at this rate, what will it be in the year 2020? Show how you use the equation in Part (c) and round your answer to the nearest cent.
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