Question

Which situation can be best modeled by a linear function?

A The amount of money in a savings account with an annual interest rate of 1.5%
B) The amount of radioactive material with a decay rate of 3% every day
C) The cost of a laptop that depreciates at the rate of 8% every year
D) The height of the water in a tank when drained at the rate of 0.3 gallons per minute

Answer 1

A The amount of money in a savings account with an annual interest rate of 1.5%