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 2 Option 1 (amount in dollars) 1100 1200 1300 Option 2 (amount in dollars) 1100 1210 1331 Part A: What tvpe 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 27 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. Will there be any significant difference in the value of Belinda's investment after 20 years if she uses option 2 over option 17 Explain your answer, and show the investment value after 20 years for each option.
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 2 Option 1 (amount in dollars) 1100 1200 1300 Option 2 (amount in dollars) 1100 1210 1331 Part A: What tvpe 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 27 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. Will there be any significant difference in the value of Belinda's investment after 20 years if she uses option 2 over option 17 Explain your answer, and show the investment value after 20 years for each option.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter8: Polynomials
Section8.1: Adding And Subtracting Polynomials
Problem 44PPS
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