Question

Please help me (NO DIRECT ANSWERS) :)
I WILL MEDAL/FAN

Answer 1

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) 1300 1690 2197
Option 2 (amount in dollars) 1300 1600 1900


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)

Answer 2

@saseal last one :)

Answer 3

lemme study this wall of text

Answer 4

okay dookie

Answer 5

Part A is asking about linear and exponential function, you know the different between em right?

Answer 6

Yes ma'am/sir

Answer 7

im doge xD

Answer 8

so a guyyy??? Like I am really slow btw

Answer 9

you can prolly guess which one is a linear function and exponential just by looking

Answer 10

maybeee???

Answer 11

i can but i dont know about you

Answer 12

option one is exponential and option 2 is linear

Answer 13

possibly
OS makes me feel really stupid

Answer 14

you are correct

Answer 15

but for the explanation part

Answer 16

option two is linear because it increases by a fixed amount?

Answer 17

its describing the difference between this 2 functions. btw “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” - Albert Einstein

Answer 18

yea

Answer 19

okay so "option two is linear because it increases by a fixed amount"

Answer 20

yea

Answer 21

I am not sure about option one though

Answer 22

when you did the last question, exponential increase by what factor?

Answer 23

the f(x) of your last question

Answer 24

3%

Answer 25

its a power right?

Answer 26

0.69*1.03^x

Answer 27

its a compounding 3%

Answer 28

yes...but this question doesn't have an equation.

Answer 29

yea that f(x) is an exponential equation just like option 1

Answer 30

whatt?

Answer 31

they behave the same way

Answer 32

like this on the graph