Saturday, February 4, 2012

Think about a real-life situation that follows a linear equation, with the independent variable being years. W

Think about a real-life situation that follows a linear equation, with the independent variable being years. What would the slope tell you about future years?Think about a real-life situation that follows a linear equation, with the independent variable being years. W
If you continuously invest money in an account at a rate of $A per year, and if the amount you have at the start is $B, then the amount you have after W years (assuming no interest is paid) is



M=AW+B



So A tells you the rate at which you invest money.

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