For a math project, two groups of students wrote functions to describe a 6-month repayment plan for a loan. Group A set up the function f (t) = 100+ 100(1.2) ¹, where t = 0 for the first month, t = 1 for the second month, etc. Group B described their function using a table. The first three months’ payments are shown below Month 1 2 3 Payment $150 $187.50 $234.38 Compare the total amounts repaid in 6 months using the two plans.
For a math project, two groups of students wrote functions to describe a 6-month repayment plan for a loan. Group A set up the function f (t) = 100+ 100(1.2) ¹, where t = 0 for the first month, t = 1 for the second month, etc. Group B described their function using a table. The first three months’ payments are shown below Month 1 2 3 Payment $150 $187.50 $234.38 Compare the total amounts repaid in 6 months using the two plans.
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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Transcribed Image Text:2. For a math project, two groups of students wrote functions to describe a 6-month repayment plan for a
loan. Group A set up the function f (t) = 100+ 100(1.2) ¹, where t = 0 for the first month, t = 1 for
the second month, etc. Group B described their function using a table. The first three months'
payments are shown below
Month
1
2
3
Payment $150 $187.50 $234.38
Compare the total amounts repaid in 6 months using the two plans.
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Follow-up Question
The question said that the total amounts repaid in 6 months. It looks it means that it is the total amount from 1 month to 6 month of each group.
It looks it should not only comepare for 6 month amount of each group.
If it is, the question does not need to say for the total amounts.
Solution
by Bartleby ExpertFollow-up Question
The question is "compare". It looks to compare the 2, Group A and B.
But you did not do it. How can you explain the compare part in the question?
Solution
by Bartleby ExpertFollow-up Question
572.21 looks wrongly calculated, please check it and update it asap. Thank you.
Solution
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