Matthew is planning to attend a public university after he graduates from high school in 3 years. He is devising a plan to save money each month to help with the expenses of attending the university. The cost of attending the public university for one-year is $32,600. His family has promised to contribute $16,500 each year he is in school. What is the minimum amount of money Matthew must contribute to his savings per month for the next 3 years to have enough money to pay for his first year of tuition? a
$447.22
b
$438.95
c
$415.85
d
$489.25

The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation