Mathematics, 21.04.2020 17:34, hermesrobles
PLS HELP QUICK PLS PLS 13 POINTS
A bank offers two different investment options.
Option 1 pays simple interest of 3% per year, meaning that each year, the balance increases by 3% of the initial deposit.
Option 2 pays compound interest of 2.4% compounded monthly, meaning that each month, the balance increases by 1/12 of 2.4% of the previous month's balance.
Which type of function can be used to model each option?
A:Option 1 is linear because 3% is added to the balance each year.
Option 2 is linear because 0.2% is added to the balance each month.
B:Option 1 is linear because 3% of the initial investment is added to the balance each year.
Option 2 is exponential because the balance is multiplied by 100.2% each month
C:Option 1 is exponential because the balance is multiplied by 103% each year.
Option 2 is exponential because the balance is multiplied by 100.2% each month
D:Option 1 is exponential because the balance is multiplied by 103% each year.
Option 2 is linear because 0.2% is added to the balance each month.
Answers: 3
Mathematics, 21.06.2019 12:30, ggpro4life3000
The graph of the quadratic function shown on the left is y = –0.7(x + 3)(x – 4). the roots, or zeros, of the function are . determine the solutions to the related equation 0 = –0.7(x + 3)(x – 4). the solutions to the equation are x =
Answers: 1
Mathematics, 21.06.2019 20:30, jthollis1348
Which expression is equivalent to (4 +6i)^2? ? -20 + 48i 8 + 12i 16 - 36i 20 + 48i
Answers: 1
PLS HELP QUICK PLS PLS 13 POINTS
A bank offers two different investment options.
O...
A bank offers two different investment options.
O...
Chemistry, 28.05.2020 02:59