The function that can be used to represent option 1 is an exponential function.
The function that can be used to represent option 2 is a linear function.
Linear functions
A linear function is a function that has a single variable raised to the power of 1. Linear functions are usually in the form x + 10.
Option 2 expressed as a linear function is b x 0.06 x 1
Where b represents the amount of money deposited.
Exponential functions
An exponential function is usually in this form: y = [tex]a^{x}[/tex].Option 1 expressed as an exponential function is p(1.036)^y
Where:
- p = principal
- y = number of years
To learn more about compound interest, please check: https://brainly.com/question/18760477