Mathematics, 05.01.2021 02:30 chino54
Please help i'm desperate!! The amount of money in an account may increase due to rising stock prices and
decrease due to falling stock prices. Mason 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) = 10,125(1.83)^x
Part A: ls 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 gr), in dollars, of money in account B
after r years. r (number of years)1, 2, 3, 4 g(r) (amount in dollars) 1- 9,638 2- 18,794.10 3- 36,648.50 4- 71,464.58 Which account recorded a greater percentage change in amount of money over the previous year? justify your answer.
Answers: 1
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Please help i'm desperate!! The amount of money in an account may increase due to rising stock price...
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