Ask Question
30 January, 13:52

Nancy's parents gave her $200 to start her savings account. After 5 months of saving, Nancy has $350 in her account. What is the rate of change of the amount of money in her account each month?

+5
Answers (2)
  1. 30 January, 13:57
    0
    30 dollars every month

    200 + 5x = 350

    X=30
  2. 30 January, 14:05
    0
    Current Amount = Starting Amount (1 + rate of change) ^number of months

    350 = 200 (1 + r) ^5

    350/200 = (1+r) ^5

    sqrt5 (350/200) = 1+r

    sqrt5 (350/200) - 1 = r
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Nancy's parents gave her $200 to start her savings account. After 5 months of saving, Nancy has $350 in her account. What is the rate of ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers