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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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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Answer: y=5x+100

Explanation:

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

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