subject
Mathematics, 04.12.2020 07:00 Raajo

Belinda wants to invest $1000. 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)

(10 points)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
The bake stars picked 907 apples last weekend at a local orchard they made caramel apples and sold them in the bakery in trays of 6
Answers: 1
question
Mathematics, 21.06.2019 18:30
Ricky takes out a $31,800 student loan to pay his expenses while he is in college. after graduation, he will begin making payments of $190.66 per month for the next 30 years to pay off the loan. how much more will ricky end up paying for the loan than the original value of $31,800? ricky will end up paying $ more than he borrowed to pay off the loan.
Answers: 1
question
Mathematics, 21.06.2019 19:00
Acompany manufactures large valves, packed in boxes. a shipment consists of 1500 valves packed in 75 boxes. each box has the outer dimensions 1.2 x 0.8 x 1.6 m and the inner dimensions 1.19 x 0.79 x 1.59 m. the boxes are loaded on a vehicle (truck + trailer). the available capacity in the vehicle combination is 140 m3. each valve has a volume of 0.06 m3. - calculate the load factor on the box level (%). - calculate the load factor on the vehicle level (%). - calculate the overall load factor (%).
Answers: 1
question
Mathematics, 22.06.2019 02:00
What number gives you a irrational number when added to 2/5
Answers: 1
You know the right answer?
Belinda wants to invest $1000. The table below shows the value of her investment under two different...
Questions
question
Mathematics, 12.12.2020 16:50
question
English, 12.12.2020 16:50
question
English, 12.12.2020 16:50
question
Social Studies, 12.12.2020 16:50
question
Mathematics, 12.12.2020 16:50
Questions on the website: 13722367