Olivia is opening a bank account she learned that there is a special promotion where is she deposit 3000 and then makes no additional deposits no withdrawals her account will earn three dollars an interest per month write the equation of a linear function that models the relationship between number of months and total number

Question

Olivia is opening a bank account she learned that there is a special promotion where is she deposit 3000 and then makes no additional deposits no withdrawals her account will earn three dollars an interest per month write the equation of a linear function that models the relationship between number of months and total number

Answer 1

Let's let "t" represent the number of months and "n" represent the total number of dollars in Olivia's account.

Initially, Olivia deposits $3000 into her account.

For every month that passes, Olivia's account earns an additional $3 in interest. Therefore, the linear function can be represented as:

n(t) = 3000 + 3t

Where n(t) is the total number of dollars in Olivia's account after "t" months.

So, the equation of the linear function that models the relationship between the number of months and the total number of dollars in Olivia's account is:

n(t) = 3000 + 3t