Question
Fred keeps his savings in his mattress. He began with $1000 from his mother and adds $250 each year. His total savings after years are
Fred keeps his savings in his mattress. He began with $1000 from his mother and adds $250 each year. His total savings after years are given by theequation
=1000+250
Draw a graph of thisequation.
(Choose two values of , such as 0 and 10. Compute the corresponding values of from the equation. Plot these two points on graph paper and draw a straight line joiningthem.)
After 20 years, how much will Fred have in hismattress?
(Give your answer as an exactnumber.)
Fred's savings:$
If Fred had added $300 instead of $250 each year to his initial $1000, what is the equation that describes his savings after years?
(Use for total savings and foryears.)
equation:
$$
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