Mathematics, 10.06.2021 20:40 eric271828
Jaryssa invested $10,000 in a construction fund paying 10% return every year. Jaryssa
considered 2 options for her investment:
1) collecting the return every year.
2) re-invest all the returns in the same fund.
John claimed that after 7 years, Jaryssa will end up with the same amount of money from this
investment, while Lary strongly disagreed.
a) Calculate how much money would Jarrysa receive from this investment for both options. (Net
of her initial $10,000)
b) Write a function to represent the value of Jarrysa's investment under each option
c) Graph the 2 functions using the same grid in part b)
d) When would the 2 options give her the same return? Be sure to justify your answer.
e) How long would it take for Jaryssa to have 20,000 under each plan
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Jaryssa invested $10,000 in a construction fund paying 10% return every year. Jaryssa
considered 2...
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