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Rudik
8 days ago
5

Leticia invests $200 at 5% interest. If y represents the amount of money after x time periods, which describes the graph of the

exponential function relating time and money?
The initial value of the graph is 200. The graph increases by a factor of 1.05 per 1 unit increase in time.
The initial value of the graph is 200. The graph increases by a factor of 5 per 1 unit increase in time.
The initial value of the graph is 500. The graph increases by a factor of 2 per 1 unit increase in time.
The initial value of the graph is 500. The graph increases by a factor of 1.02 per 1 unit increase in time.
Mathematics
2 answers:
AnnZ [12.3K]8 days ago
7 0
The graph indicates 200. And the downward factor
Leona [12.6K]8 days ago
3 0

Answer:

First, it's essential to define the equation that characterizes the function.

The investment is $200 with an interest rate of 5%, where y represents the money after x periods.

After one period, the amount of money grows to 200 plus 5% interest, resulting in 200 + 5%(200) = 200 (1 +5%) = 200 (1 + 0.05) = 200 (1.05)

After two periods, the total is 200(1.05)*(1.05) = 200 (1.05)^2

After three periods, it will be 200 (1.05)^3

Consequently, it can be inferred that after x periods, y = 200 (1.05)^x

Next, this function can be analyzed to project the graph's shape and significant points.

The answers derive from the initial value and the growth factor.

The initial value occurs when x = 0, giving y = 200 (1.05)^0 = 200*1 = 200

The growth factor is 1.05, indicating each subsequent value is multiplied by 1.05.

Step-by-step explanation:

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