yoongnzl
yoongnzl
19.11.2020 • 
Mathematics

The amount of money in an account may increase due to rising stock prices and decrease due to falling stock prices Marco is studying the change in the amount of money in two accounts, A and B. over time

The amount 11%), in dollars, in account A after x years is represented by the function below.

1x) = 10,125(1837

Part A: Is the amount of money in account A increasing or decreasing and by what percentage per year? Justify your answer (5 points)

Part B: The table below shows the amount g() in dollars, of money in account B after ryears.
r(number of years) 1 2
(0) (amount in dollars) 9,638 18.794.10 36,648.50 71,454.58
e in amount of money over the previous year? Justify your answer (5 points)

Solved
Show answers

Ask an AI advisor a question