Mathematics
Mathematics, 15.12.2021 22:20, tinapersaud9802

The amount of money in an account may increase due to rising stock prices and decrease due to falling stock prices. Marco is studying the change in the amount of money in two accounts, A and B, over time. The amount f(x), in dollars, in account A after x years is represented by the function below:

f(x) = 1,264(1.09)x

Part A: Is the amount of money in account A increasing or decreasing and by what percentage per year? Justify your answer. (5 points)

Part B: The table below shows the amount g(r), in dollars, of money in account B after r years:

r (number of years) 1 2 3 4
g(r) (amount in dollars) 1,375 1,512.50 1,663.75 1,830.13

Which account recorded a greater percentage change in amount of money over the previous year? Justify your answer. (5 points)

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:30, yeet6942000
Complex numbers multiply √-4 * √-25 and show all intermediate steps. alternative notation is sqrt(-4) * sqrt(-25).
Answers: 1
image
Mathematics, 21.06.2019 19:40, nancy00
Aretha wanted to gather data about the cost of local bowling leagues in her area. she plotted the data and determined that the average bowling league costs consist of a one-time registration fee and a monthly fee modeled by the equation y = 15x + 20. identify and interpret the y-intercept in this model. the y-intercept is 20. this is the cost per month. the y-intercept is 20. this is the cost of registration. the y-intercept is 15. this is the cost of registration. the y-intercept is 15. this is the cost per month.
Answers: 1
image
Mathematics, 22.06.2019 02:00, emilyblaxton
Gables properties corp. is leasing office building with an area of 49b^2+70b+25. what is the shape of the building? a) rectangle b) square
Answers: 3
image
Mathematics, 22.06.2019 03:30, zdwilliams1308
What is the approximate mark up percentage rate before m equals $1740 marked up from p equals $19,422
Answers: 1
Do you know the correct answer?
The amount of money in an account may increase due to rising stock prices and decrease due to fallin...

Questions in other subjects:

Konu
Mathematics, 12.01.2021 01:50
Konu
Mathematics, 12.01.2021 01:50