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  3. 4 your aunt put money in a savings account for...

Question: 4 your aunt put money in a savings account for...

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4. Your aunt put money in a savings account for you in 2010. The account earns simple interest (increases a fixed amount each year). $9,600. After 2 years, your account had $7,525 and after 5 years it had a. Find the rate of change in the money in your account. Label your answer. (3 pts) b. Write a sentence interpreting what this rate of change means in the real situation. (2 pts.) c. Construct a linear equation to model the amount of money in your account. Show all work. (4 pts.) d. Use the equation found in c. to algebraically determine in which year your account will have $13,000. (3 pts.) 5. Write a linear equation that determines the price p of an 8 inch by 8 inch assembled scrapbook if the base cost is $8.45 plus an additional $2.25 per page created, where n is the number of pages in the scrapbook. (3 pts.)
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