Ask Question
13 November, 11:47

14. You start an investment account with $3000 and save $100 each month. Write a

rule to represent the total amount of money you invest into your account as an

arithmetic sequence. How much money will you have invested after 12 months?

+2
Answers (1)
  1. 13 November, 14:05
    0
    4200

    Step-by-step explanation:

    In an arithmetic sequence equation t=a + (n-1) d, a is the starting value. In this case, a=3000.

    Although, since the initial investment is not considered the first month, the equation is t = a + dn.

    d is the rate of change. In this case, the rate of change is 100 for every month, n.

    Substitute these values from the problem to get an equation:

    t = 3000 + 100n

    t means the total amount of money we have for the amount of months (n) that passed.

    Sub n for 12.

    t = 3000 + 100n

    t = 3000 + 100 (12)

    t = 4200

    You will have $4200 after 12 months of investment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “14. You start an investment account with $3000 and save $100 each month. Write a rule to represent the total amount of money you invest ...” 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