Consider the problem below. How might you use this problem in your classroom?
Your grandmother wants to help you begin a savings account for college. She will give you $100 to open the account and then increase the amount by 5% each month. How much money will you have in the account after 1 month? 2 months? 10 months? x months?
Your grandmother wants to help you begin a savings account for college. She will give you $100 to open the account and then increase the amount by 5% each month. How much money will you have in the account after 1 month? 2 months? 10 months? x months?