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How would the slope of a savings graph change if you saved 40 per month instead of 20?
Wiki User
∙ 9y ago
The slope or gradient of a line that represented the change in savings over time would increase (in this case it would double). This is because in the example in your question, you would be saving twice as much money per unit time.
As such the gradient of the line would change from 20 (20 / 1) to 40 (40 / 1).
Wiki User
∙ 9y ago
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Compare Savings Rates?
Compare Savings Rates Even a small difference in the interest you are paid on your savings can add up over time. Use this calculator to see how different savings rates can impact your savings strategy! This calculator can also show you how deposits at the start of each month, compared to the end of the month, can impact your savings balance.
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