Respuesta :
Answer:
Step-by-step explanation:
A:
We can see that it's increasing by a constant amount (100 each year), therefore it's linear.
B:
We can see that this one is increasing by 10% each time, therefore it's exponential
C:
t=year
fund A (using the simple interest formula): 1000(1+.1t)
Fund B (using compound interest formula): 1000(1.1)^t
D:
t=20
Fund A: 1000(1+.1*20)=3000
Fund B: 1000(1.1)^20=6727.5
E:
She should choose fund B because it will grow at a faster rate than fund A.
Belinda should choose fund B because it will grow at a faster rate than fund A.
What is a function?
A function is defined as a relation between the set of inputs having exactly one output each.
Belinda wants to invest $1000.
Number of years 1 2 3
Option 1 1100 1200 1300
(amount in dollars)
Option 2 1100 1210 1331
(amount in dollars)
A. We can see that option 1 is increasing by a constant amount (100 each year), therefore it's a linear function.
B. We can see that option 2 is increased by 10% each time, therefore it's exponential function.
C. t=year
Fund A (using the simple interest formula)= 1000(1+.1t)
Fund B (using compound interest formula) = 1000(1.1)^t
D. t=20
Fund A = 1000(1+.1 x 20) = 3000
Fund B = 1000(1.1)^20 = 6727.5
E. Belinda should choose fund B because it will grow at a faster rate than fund A.
Learn more about function;
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