subject
Mathematics, 09.12.2021 21:40 TheRealKodakBlack

The amount of money in an account may increase due to rising stock prices and decrease due to falling stock prices. Marco 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) = 1,264(1.09)^x

Part A: Is the amount of money in account A increasing or decreasing and by what percentage per year? Justify your answer. (5 points)

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) 1,375 1,512.50 1,663.75 1,830.13

Which account recorded a greater percentage change in amount of money over the previous year? Justify your answer. (5 points)

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Find x to the nearest hundredth place
Answers: 2
question
Mathematics, 21.06.2019 16:30
You are cycling around europe with friends. you book into a hostel and you ask the owner what the ratio of men to women is currently staying there. there are 24 men and 6 women. what is the ratio of men to women in its simplest form?
Answers: 2
question
Mathematics, 21.06.2019 17:30
Solve the equation - 2(m -30) = -6m a-15 b-13 c-8 d8
Answers: 1
question
Mathematics, 21.06.2019 23:40
Cos^2x+cos^2(120°+x)+cos^2(120°-x)i need this asap. pls me
Answers: 1
You know the right answer?
The amount of money in an account may increase due to rising stock prices and decrease due to fallin...
Questions
question
Mathematics, 05.01.2021 07:20
question
Mathematics, 05.01.2021 07:20
question
English, 05.01.2021 07:20
Questions on the website: 13722367