Question

http://prntscr.com/6g11ld

Answer 1

He would owe Linda twice the amount he borrowed.
He would owe both the same amount of money.
He would owe Linda more money.
He would owe Drake more money.

Answer 2

I know for year 30 for Linda he would owe $410, but with drake it is exponential so it will eventually have to owe more, right? so I was thinking D

Answer 3

@jdoe0001

Answer 4

Perhaps. Borrowed money from Linda = $6.18. Borrowed money from Drake = $7. Multiply both of them out, but I think D is the answer.

Answer 5

Linda = $7 a year

Drake = ? it's exponential

Answer 6

yes, 206 + 6.18 = 212.18, but 212.18 + 6.18 =/= 218.55

Answer 7

the first one is an arithmetic series with common difference 7
and second is a geometric with common ratio 1.03

Answer 8

so he would owe drake around $500 since 206(1.03)^30 = 500.02

Answer 9

206(1.03)^1 = 212.18

206(1.03)^2 = 218.5454

206(1.03)^3 = 225.102
.....

Answer 10

so it would be D

Answer 11

Sorry, derp moment. xD I forgot to calculate the rest of the years given, but yeah, it is exponential.

Answer 12

yes its definitely D

Answer 13

thanks! i was confused. this is a practise exam for my end-of-segment test and I wanna make sure I got everything down before taking the big test

Answer 14

did you get 1.03 by dividing two y values?

Answer 15

for drake @welshfella

Answer 16

yes
- its approximately 1.03

Answer 17

2nd/ist 3rd/2nd and 4th/3rd are very close to 1.03