Mathematics
Mathematics, 30.10.2020 20:10, katlyn10289

Belinda wants to invest $1,000. The table below shows the value of her investment under two different options for three different years: Number of years 1 2 3
Option 1 (amount in dollars) 1100 1210 1331
Option 2 (amount in dollars) 1100 1200 1300

Part A: What type of function, linear or exponential, can be used to describe the value of the investment after a fixed number of years using option 1 and option 2? Explain your answer. (2 points)

Part B: Write one function for each option to describe the value of the investment f(n), in dollars, after n years. (4 points)

Part C: Belinda wants to invest in an option that would help to increase her investment value by the greatest amount in 20 years. Will there be any significant difference in the value of Belinda's investment after 20 years if she uses option 2 over option 1? Explain your answer, and show the investment value after 20 years for each option. (4 points)

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, yoyo1542
Given the points a(-2, 1) and b(8, 6), find the coordinates of the point c on directed line segment ab, that partitions ab in the ration 2: 3.
Answers: 1
image
Mathematics, 21.06.2019 20:10, sawyerharper
Which expression do you get when you eliminate the negative exponents of 4a^2 b^216a^-3 b
Answers: 3
image
Mathematics, 22.06.2019 01:10, cbonner191
How is the interquartile range calculated?
Answers: 1
image
Mathematics, 22.06.2019 01:30, imran2k13
Adriana had a garden where he measured the height of a corn plant. what. on the first day, it was 145 cm tall. after 2 weeks is grew by 23 cm. what is the height of the corn plant
Answers: 1
Do you know the correct answer?
Belinda wants to invest $1,000. The table below shows the value of her investment under two differen...

Questions in other subjects: