A savings account with simple interest can be modeled by which type of graph? Question A savings account with simple interest can be modeled by which type of graph? in progress 0 All 6 months 2022-05-20T10:57:35+00:00 2022-05-20T10:57:35+00:00 2 Answers 0

## Answers ( 2 )

Answer:A linear graph

Step-by-step explanation:Simple interest is modeled using the formula

I = prt

where I is the amount of interest, p is the amount of principal, r is the interest rate and t is the amount of time.

Time is usually the variable in these situations; this would give us an equation of the form

y = pr(x), where p and r are numbers.

This is similar to y=mx, which is a linear function.

Line graph I think

Your welcome!