The table shows the value of Susie's bank account during a 5-year period. At what rate has her account value been growing?
A) $16,000 per year
B) $8,000 per year
C) $4,000 per year
D) $1,000 per year
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Year Value
2004 $8000
2005 $12,000
2006 $16,000
2007 $20,000
2008 $24,000
The value of Susie's account increases by $4,000 a year. 8,000 + 4,000 = 12,000; 12,000 + 4,000 = 16,000; 16,000+ 4,000 = 20,000; and 20,000 + 4,000 = 24,000.
