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Section 1- Question 16 The amount in the savings account set up for a first time saver can be represented by the function A (n) = 8(1.05)", where n is the number of years the money has been invested. Evan says that this means that 8 dollars was invested and the bank account increased by 5 dollars every year. Which statement shows the error Evan made and gives the correct explanation? The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8% every year. The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8 dollars every year. C The error Evan made was to say this went up by 5 dollars every vear Evan invested 8 dollars and the amount increased by 40 cents every year The error Evan made was to say this went up by 5 dollars every year. Eight dollars was invested, and the amount increased by 5% every year.

Section 1- Question 16 The amount in the savings account set up for a first time saver can be represented by the function A (n) = 8(1.05)", where n is the number of years the money has been invested. Evan says that this means that 8 dollars was invested and the bank account increased by 5 dollars every year. Which statement shows the error Evan made and gives the correct explanation? The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8% every year. The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8 dollars every year. C The error Evan made was to say this went up by 5 dollars every vear Evan invested 8 dollars and the amount increased by 40 cents every year The error Evan made was to say this went up by 5 dollars every year. Eight dollars was invested, and the amount increased by 5% every year.

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section: Chapter Questions
Problem 19P
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The amount in the savings account set up for a first time saver can be represented by the function A(n)=8(1.05)nA(n)=8(1.05)n, where nn is the number of years the money has been invested. Evan says that this means that 8 dollars was invested and the bank account increased by 5 dollars every year. Which statement shows the error Evan made and gives the correct explanation?
Section 1 - Question 16 The amount in the savings account set up for a first time saver can be represented by the function A (n) = Evan says that this means that 8 dollars was invested and the bank account increased by 5 dollars every year. 8(1.05)", where n is the number of years the money has been invested Which statement shows the error Evan made and gives the correct explanation? The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8% every year. The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8 dollars every year. C The error Evan made was to say this went up by 5 dollars every vear. Evan invested 8 dollars and the amount increased by 40 cents every year. The error Evan made was to say this went up by 5 dollars every vear. Elght dollars was invested, and the amount increased by 5%6 every year. ©2021 Iluminate EducationTM Inc. 926 AM 梦メ 3/11/2021 P Type here to search 144 %23 3. $ 4. 6. 2.
Transcribed Image Text:Section 1 - Question 16 The amount in the savings account set up for a first time saver can be represented by the function A (n) = Evan says that this means that 8 dollars was invested and the bank account increased by 5 dollars every year. 8(1.05)", where n is the number of years the money has been invested Which statement shows the error Evan made and gives the correct explanation? The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8% every year. The error Evan made was to switch the 8 and the 5. Five dollars was invested and it increased by 8 dollars every year. C The error Evan made was to say this went up by 5 dollars every vear. Evan invested 8 dollars and the amount increased by 40 cents every year. The error Evan made was to say this went up by 5 dollars every vear. Elght dollars was invested, and the amount increased by 5%6 every year. ©2021 Iluminate EducationTM Inc. 926 AM 梦メ 3/11/2021 P Type here to search 144 %23 3. $ 4. 6. 2.
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