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1. Find the equation of the line that passes through (4,22) and (6,34). Answer: y=6x+2 2. After 5 years, Sarah's bank account grew to $4,333.
1. Find the equation of the line that passes through (4,22) and (6,34). Answer: y=6x+2 2. After 5 years, Sarah's bank account grew to $4,333. If the interest rate for her account is 1.11%, how much was her initial deposit, assuming simple interest? Answer: $4,105.16 3. Dayshawn deposited $5,194 into his savings account. In 3 years, it grew to $5,998. What was the interest rate that was applied to his account if compounding was weekly? State which equation you would use to solve this problem, and explain why. Answer: 4.80%
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