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Mathematics, 11.03.2021 02:20 mcclendoncassandra

Michael has a bank account that he is using to save money to buy a new bike. He hopes to save more and more money each week. The equation that models the situation is y=50(1.5)^x where x is the number of weeks and y is the total amount of money he has saved. What do the 50 and 1.5 mean in the context of the situation? (Hint: One of the numbers involves a percent!)

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