6. An investment account was opened with $3,000 in the year a) What are the independent and dependent variables? Include labels and units. 19 b) Is the relationship between the variables in part (a) linear or exponential? Explain HOW you know. c) Write an equation expressing the relationship between the variables. d) If the investment continues to decrease at this rate, what will it be in the year 2020? Show how you use the equation in Part (c) and round your answer to the nearest cent.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 4E
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6. An investment account was opened with $3,000 in the year 2000, and decreased at a rate of every year
a) What are the independent and dependent variables? Include labels and units.
19
b) Is the relationship between the variables in part (a) linear or exponential? Explain HOW you know.
c) Write an equation expressing the relationship between the variables.
d) If the investment continues to decrease at this rate, what will it be in the year 2020?
Show how you use the equation in Part (c) and round your answer to the nearest cent.
Transcribed Image Text:6. An investment account was opened with $3,000 in the year 2000, and decreased at a rate of every year a) What are the independent and dependent variables? Include labels and units. 19 b) Is the relationship between the variables in part (a) linear or exponential? Explain HOW you know. c) Write an equation expressing the relationship between the variables. d) If the investment continues to decrease at this rate, what will it be in the year 2020? Show how you use the equation in Part (c) and round your answer to the nearest cent.
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