1. What type of function can be used to model the scenario?
Burton Guster invests $15,000 into an account that earns 6.5% compounded annually.
A. Exponential
B. Quadratic
C. Linear
2.What type of function can be used to model the scenario?
Jack adds 2 quarters to his piggy bank each week.
A. Linear
B. Exponential
C. Quadratic
The first one is exponential since it’s compounded interest or compounded annually meaning it increases with the amount previously in it. There is a large increase. 2. It is linear since the 2 quarters will be added each week and they remain constant meaning he doesn’t change the amount if quarters or adds it every other week.
