Mathematics, 16.11.2020 22:30 Arealbot
The amount of money in an account may increase due to rising stock prices and decrease due to falling stock prices. Mason is studying the change in the amount of money in two accounts A and B over time
The amount f(x) in dollars, in account A after x years is represented by the function below
F(x) = 10,125(1.83)^x
Part A: is the amount of money in account A increasing or decreasing and by what percentage per year? Justify your answer.
Part B: The table below shows the amount g(r) in dollars of money in account B after R years
R(number of years) 1 2 3 4
G(r) (amount in dollars) 9,638 18,794.10 36,648.50 71,464.58
(I have attached the graph as a photo also)
Which account recorded a greater percentage change in amount of money over the previous year?
Answers: 1
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