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Rachel deposits $100 in a bank account and she gets 8% simple interest on it. Which linear model gives the return on her investment in terms of time t in years?

a. R = 8t – 100
b. R = 8t + 100
c. R = 2t + 100
d. R = 88t + 100
e. R = 3t + 108

User Bosco
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1 Answer

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The answer would be B because the 100 stays in there and you are adding 8% per year. Hope this helps.
User Ajay Gupta
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