An investor comes to your office. He says that if you give him the $5,000, he will add on an additional $50 each year to what he owes you. Create the function for this investor's plan.

Question

anonymous · Answer

@johnweldon1993 @minnie♥mouse

johnweldon1993 · Answer

Hmm...well since it doesn't specify if he is making payments or not, we can assume

$$\large f(t) = 50t + 5000$$

Where 5000 is the initial lending amount and 50t is the amount the lender will get per (t) years

anonymous · Answer

Shank You(: <3

johnweldon1993 · Answer

Or maybe we can just assume he is making payments that we dont know about and we an write

$$\large f(t) = 50t + (5000 - p)$$

where p is the total amount of payments so far...

Then again we dont have if the lender is charging interest or anything else...too many missing variables >.< lol I would go with the first one up there lol
$$\large f(t) = 50t + 5000$$

anonymous · Answer

thanks :)