Question

Edward plans to put $75 into a savings account. He can place his money into an account represented by b(x) = 7x + 75, or into another account represented by c(x) = 75(1.06)x. Which account has the highest value in 2 years? Which account has the highest in 12 years?

Answer 1

the answer is the option B

b(x) has the highest value in years; b(x) has the highest value in years

Explanation:

x------> the time in years

b(x)----> the value in dollars of a saving account

c(x)----> the value in dollars of another account

we know that

Step 1

Find the value of each account for

so

----> b(x) has the highest value in years

Step 2

Find the value of each account for

so

----> b(x) has the highest value in years