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: Beli

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get our expert's

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this and thousands of other questions.

A community for students.

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: Beli

Mathematics
See more answers at brainly.com
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this and thousands of other questions

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)
I ONLY NEED PART C IGIVE MEDALS :)

Not the answer you are looking for?

Search for more explanations.

Ask your own question

Other answers:

help please?
20 year value, n = 20, put that in both of your functions from part B
can you show me how to solve it
what are your functions from part b ?
1300+300n 1300+300n* 1.3n
hmm The first option is exponential form (1000)*(r)^n The second option is linear form 1000 + n*d have to figure what r and d are
Option 1) THe function looks like (initial investment)*(r)^n \[f(n) = 1000*(r)^n\] r is the common ratio of consecutive terms 1300/1000 = 1.3 or 1690/1300 = 1.3 or 2197/1690 = 1.3 r is 1.3
f(n) = 1000(1.3)^n
Each next term is the previous multiplied by 1.3
Option 2) Each term increases by the same amount over the previous term, it is always 300 more
f(n) = (starting value) + n*(common difference) f(n) = 1000 + 300*n
so i use this to solve for the difference right?
1) f(n) = 1000(1.3)^n 2) f(n) = 1000 + 300*n yep, put n=20 in both options and calculate the values
do i subtract both of the answers i get for the answer
you dont have to, just compare them
option 1 should be way larger
yes it was that you so much :)
*thank
welcome

Not the answer you are looking for?

Search for more explanations.

Ask your own question