Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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Kathy puts $3000 into an account that pays 5% simple interest annually.
a) Create a linear model to relate the amount of the investment, A, to time, t, in years.
b) Graph the amount of the investment versus time.
c) How long will it take for Kathy’s investment to double in value?
d) What interest rate is required for the investment to double in value in 10 years?

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