Question

Help please this is also a grade

The functions below represent 2 investment options.

Plan A: y=350(1.10)^x
Plan B: y= 10x+600

Which of the following is a true statement?

A. Plan B will have larger account balance over time because it is linear growth.

B. Plan B will always have a larger account balance because you start with a larger initial value.

C. Plan A will have a larger balance over time because it is exponential growth.

D. Plan A and B are growing at the same rate because 10% per year is the same thing as $10.00 per year.

Answer 1

C

Explanation:

It is exponential growth and will eventually have a much higher balance

if i plug in for an example 2 in for x B starts of higher. When i put in 10 it shows that after 10 A is actually higher. This is why the answer is c

Answer 2

Don’t actually listen to my answer but the answer is a I might be right might be wrong