Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Belinda wants to invest in an option that would help to increase your investment value by the greatest amount in 20 years. Will there be any significant can difference in the value of Belinda‘s investment after 20 years if she uses option two over option one? Explain your answer, and show the investment value after 20 years for each option.

Belinda Wants To Invest In An Option That Would Help To Increase Your Investment Value By The Greatest Amount In 20 Years Will There Be Any Significant Can Diff class=

Sagot :

Step-by-step explanation:

Part A, Option 1 is a exponential function while option is a linear equation.

Part B, Let y=b*a^(x) be the function for option 1. At x=1, y=1100 and at x=2, y=1210. 1100=b*a and 1210=b*a^2. Dividing them both we get, b=1.1 and a=1000. y=1000*(1.1)^(x). For option 2, it's a linear equation with a function y(x)=1000+100x.

The 20 year difference would be immense. With option 1, Belinda will get $6727.5 whereas with option 2, they will end up with $3000

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.