Search for question
Question

1. Ruchitra invests $1000 in a 5-year CIBC saving account that earns 7% annual simple interest. Copy and complete the table to examine what happens to her investment. a) What type of sequence is represented by total amount of money? b) Sketch and label the graph to show the growth of his money over the five years. c) What type of growth does this represent? d) Calculate the first difference for her money growth. What does this represent?

Fig: 1

Fig: 2

Fig: 3

Fig: 4

Fig: 5