30 POINTS John opens a savings account and decides to deposit $10 each month. Let x represent the number of months that he has been saving, and y represent the total amount of money saved.
7. What is the algebraic equation for John's saving plan?
8. How much money will John have saved in 14 months? In 6 months? Show your work and
explain.
9. In how many months will John have saved $100? $175? Show your work and explain.
10. What is the rate of change?
11. How does knowing the rate of change help you in answering questions in this problem?
12. Use your equation to complete the table representing John's savings:
# of Months Saving Account Balance ($)
0
1
2
3
4