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Joyce won $400 in an essay contest. She invests the money in an interest- earning account. The table shows how much money she has in the account. Find an appropriate model for the amount that Joyce will have in the account after t years. Then, use the model to predict approximately when Joyce will have $800 in the account. Joyce's Account Value $424.00 $449.44 $476.41 $504.99 $535.29 Year 4. A. M) = 400(1.06); about 12 years V) = 400(1.061); about 19 years B. V) = 400(1.06t); about 7.5 years C. D. Mt) = 400(1.06)'; about 8 years

Joyce won $400 in an essay contest. She invests the money in an interest- earning account. The table shows how much money she has in the account. Find an appropriate model for the amount that Joyce will have in the account after t years. Then, use the model to predict approximately when Joyce will have $800 in the account. Joyce's Account Value $424.00 $449.44 $476.41 $504.99 $535.29 Year 4. A. M) = 400(1.06); about 12 years V) = 400(1.061); about 19 years B. V) = 400(1.06t); about 7.5 years C. D. Mt) = 400(1.06)'; about 8 years

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Joyce won $400 in an essay contest. She invests the money in an interest- earning account. The table shows how much money she has in the account. Find an appropriate model for the amount that Joyce will have in the account after t years. Then, use the model to predict approximately when Joyce will have $800 in the account. Joyce's Account Value $424.00 $449.44 $476.41 $504.99 $535.29 Year 4. A. M) = 400(1.06); about 12 years V) = 400(1.061); about 19 years B. V) = 400(1.06t); about 7.5 years C. D. Mt) = 400(1.06)'; about 8 years
Transcribed Image Text:Joyce won $400 in an essay contest. She invests the money in an interest- earning account. The table shows how much money she has in the account. Find an appropriate model for the amount that Joyce will have in the account after t years. Then, use the model to predict approximately when Joyce will have $800 in the account. Joyce's Account Value $424.00 $449.44 $476.41 $504.99 $535.29 Year 4. A. M) = 400(1.06); about 12 years V) = 400(1.061); about 19 years B. V) = 400(1.06t); about 7.5 years C. D. Mt) = 400(1.06)'; about 8 years
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