a.
Explain the type of investment using graph.
a.
Explanation of Solution
Given:
The given investment types are
Invest
Invest
The given graph is
Calculation:
From the graph
The curved graph represents the annual compounding because the graph grows faster and the linear graph represents simple interest, because in this process the interest earned is always constant.
b.
Find the equations that model the investment growth and draw a graph.
b.
Answer to Problem 12PS
Model equation for the compounded annually.
Model equation for simple interest.
Explanation of Solution
Given:
The given investment types are
Invest
Invest
Calculation:
Model equation for the compounded annually.
Model equation for simple interest.
Draw a graph of the models using graphing utility.
The curved graph represents the annual compounding because the graph grows faster and the linear graph represents simple interest, because in this process the interest earned is always constant.
c.
Find the equations that model the investment growth and draw a graph.
c.
Answer to Problem 12PS
The better option is “Invest
Explanation of Solution
Given:
The given investment types are
Invest
Invest
Calculation:
Model equation for the compounded annually.
Model equation for simple interest.
Draw a graph of the models using graphing utility.
The curved graph represents the annual compounding because the graph grows faster and the linear graph represents simple interest, because in this process the interest earned is always constant.
For large return, the better option is “Invest
Chapter 3 Solutions
EBK PRECALCULUS W/LIMITS
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