A bank offers two different investment options.
Option 1 pays compound interest of 3.6% compounded monthly, meaning that each
month the balance increases by 1 of 3.6% of the previous month's balance.
Option 2 pays simple interest of 6% per year, meaning that each year the balance
increases by 6% of the initial deposit.

Which type of function can be used to model each option!

the correct answer is 5 6 and 7

lol.

it's ok we all do this sometimes.

-aparri

sasaasasa

step-by-step explanation:

sasasdfubisdbjvkzc

this is a direct variation proportion. y = kx

y is the total amount due, k is the constant of variation, and x is the number of texts sent.

plug in the 3.20 and the 16 to solve for the "k". this is the constant of proportionality. it is the value that will not change.

3.20 = k(16). solving you get $.20 per text.

the equation would then be y = .20x