Question

Bridgette has $1,000 to invest. She has two different investment options, shown in the table below. Each option would give her a different value over three years.
Number of Years 1 2 3
Option A (amount in dollars) 1100 1200 1300
Option B (amount in dollars) 1100 1210 1331


Part A: What type of function, linear or exponential, would be best to describe the value of the investment over a fixed number of years using Option A? Explain your answer.

Part B: Write a function, a(t), to describe the value of the investment, in dollars, of Option A after t years.

Part C: What type of function, linear or exponential, would be best to describe the value of the investment over a fixed number of years using Option B? Explain your answer.

Part D: Write a function, b(t), to describe the value of the investment, in dollars, of Option B after t years.

Part E: Bridgette wants to invest in whichever option would increase her investment value by the greatest amount in 20 years. Will there be any significant difference in the value of Bridgette's investment after 20 years if she uses Option A over Option B? Explain your answer, and show the investment value after 20 years for each option.

Answer 1

Answer:The answer is B

Step-by-step explanation: