Gavin invested $100 into a CD account. The account grow at a rate of 5% each year. What type of equation do this scenario represent?

asked May 23, 2023 58.2k views

21 votes

Gavin invested $100 into a CD account. The account grow at a rate of 5%

each year. What type of equation do this scenario represent?

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6 votes

Answer: y=5x+100

Explanation:

the y intercept is the 100$ invested into the account, and the rate of change is 5

Fenerlitk answered May 27, 2023

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