Really need help:( @Broskishelleh @phi @jdoe0001 @xapproachesinfinity
Belinda wants to invest $1000. The table below shows the value of her investment under two different options for two different years: Number of years 1 2 3 Option 1 (amount in dollars) 1300 1600 1900 Option 2 (amount in dollars) 1120 1254.40 1404.93 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. Part B: Write one function for each option to describe the value of the investment f(n), in dollars, after n years. Part C: Belinda wants to invest in an option that would help to increase her investment value by the greatest amount in 20 years. Which option should Belinda choose? Explain your answer, and show the investment value after 20 years for each option.
so far i got Option 1 is linear and option 2 is exponentiation. Option 2 gives more money than option 1.
Part B: Write one function for each option can you do that for the linear function?
that's what im struggling with
you have 1 2 3 1300 1600 1900 what is the difference between the terms? 300 if you multiply the t-1 times 300 you get the amount to add to 1300 for year t
t-1*300
put t-1 in parens add 1300
(t-1)+30 its supposed to look like this?
1300 i meqn
the idea is you want a rule that tells you the amount you have after t years in other words, when t is 1, we want to get 1300 when t is 2 we want to get 1600 (t-1)*300 + 1300
100(3t+10)
when i combine like you said i get 100(3t+10)
confused on simplifying 300t+1000
How (and why) did you get 100(3t+10) ? the rule is (t-1)*300 + 1300 you could write that as 300t -300+1300 = 300t +1000 but I would not bother. in other words (t-1)*300 + 1300 and 300t +1000 will give the same number. what number do you get for t=2 ?
use either (t-1)*300 + 1300 or 300t +1000
how does the first part equal 300t again ? i got 1600.
can you explain part c
I just wanted to show that the rule 300t + 1000 gives the numbers in your table t 1 2 3 amount 1300 1600 1900 when t is 2, you should get 1600. when t is 3, you should get 1900 if you get those numbers, then the rule is working
to figure out the rule, notice we have an arithmetic sequence and you probably learned how to find the nth term using An= start + (n-1)*d where d is the difference, and n is which term in this case, we used t instead of n. the start is 1300 d is 300 n is renamed t we get the rule A_t = 1300 + (t-1)*300
for the other sequence, it is a geometric sequence. Did you learn how to find the nth term of a geometric sequence ?
i get the first part. what about c and no i havent learned that. Part C: Belinda wants to invest in an option that would help to increase her investment value by the greatest amount in 20 years. Which option should Belinda choose? Explain your answer, and show the investment value after 20 years for each option. (4 points)
Join our real-time social learning platform and learn together with your friends!