Saving money is something that everyone should do, if they are able, even if the amounts are small. In this activity, you will calculate savings based on patterns and graph and compare different functions that
represent savings.
Below is a savings plan for Jeanette. Use this table to answer the questions below.
# of Months Saving Account Balance
2 $70
4 $90
6 $110
8 $130
10 $150
1. How much money will Jeanette have saved after 12 months?
2. How much money will Jeanette have saved after 24 months?
3. In how many months will Jeanette have saved $140? $190?
4. What is the rate of change?
5. How does knowing the rate of change help you in answering questions in this problem?
6. What equation would you write to represent this data?