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Assume Your Savings Consist of a $5000 Investment Which Is

Question 38

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Assume your savings consist of a $5000 investment which is guaranteed to increase by 7% every year and $800 cash in a safe at your home.
(a)Make a table of the value of your investment at 0 to 3 years.
(b)Make a table of the value of total savings at 0 to 3 years.
(c)How could you use the graph of (a)to make a graph of (b)? Verify your answer using a graphing calculator.

Correct Answer:

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(a),
(b) blured image_TB6578_00 ...

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