Problem:
Suppose you put $100 in the bank and your money doubles every seven years as shown below:
|
Years |
0 |
7 |
14 |
21 |
28 |
|
Amount in bank |
$100 |
$200 |
$400 |
$800 |
$1,600 |
The data of your savings is shown in the graph below. Discuss whether the rate of change is constant from one point to the next and whether the graph is linear or non-linear and why.
