4. To save for Malcom's education, his parents put $1,200 into a savings account when Malcom was born in 2006. Every birthday, Malcolm's parents deposit 10% more than the previous year. Part A: Determine the explicit formula to determine the amount of money deposited into Malcolm's education fund. Assume a, = 2006. Explicit Formula: Part B: Complete the table below. Money Deposited Year 2006 1200 2010 2014 2018 2022 Part C: Determine the amount of money Malcom's parents contribute to the education fund when Malcom graduates high school and turns 18.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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4. To save for Malcom's education, his parents put $1,200 into a savings
account when Malcom was born in 2006. Every birthday, Malcolm's
parents deposit 10% more than the previous year.
Part A: Determine the explicit formula to determine the amount of money
deposited into Malcolm's education fund. Assume a, = 2006.
Explicit Formula:
Part B: Complete the table below.
Money
Deposited
Year
2006
1200
2010
2014
2018
2022
Part C: Determine the amount of money Malcom's parents contribute to
the education fund when Malcom graduates high school and
turns 18.
Part D: Determine how much money total that Malcom's parents have
saved up in 18 years.
Transcribed Image Text:4. To save for Malcom's education, his parents put $1,200 into a savings account when Malcom was born in 2006. Every birthday, Malcolm's parents deposit 10% more than the previous year. Part A: Determine the explicit formula to determine the amount of money deposited into Malcolm's education fund. Assume a, = 2006. Explicit Formula: Part B: Complete the table below. Money Deposited Year 2006 1200 2010 2014 2018 2022 Part C: Determine the amount of money Malcom's parents contribute to the education fund when Malcom graduates high school and turns 18. Part D: Determine how much money total that Malcom's parents have saved up in 18 years.
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