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Question

(b) Terry had invested some money. After 4 years he had $1740 in his account and after 7 years he had $1920.

The amount of money in Terry's account, A, is linearly related to the number of years it has been invested, n.

i Determine the dependent and independent variables.

(ii) Sketch a graph of the relationship between the amount of money, A, and the number of years, n, by

using the two points given in the question.

(c) Develop, algebraically, the linear equation, which shows the relationship between money in Terry's

account, A. and the number of years it has been invested, n, by using the two points given in the Question

2(b).

(d) What is the practical meaning of the y-intercept in this equation?

Fig: 1