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with a linear, exponential, or quadratic function.
You have to decide which of two prizes you will accept!
Prize A: $5,000 for the first month with a $100 increase every month thereafter.
Prize B: $2,000 for the first month with a 10% increase every month thereafter.
9. Create an equation for each situation (Prize A and Prize B).

Respuesta :

adioabiola

The equation s for each scenario in which case, the former, Prize A is represented as a linear equation while the latter, Prize B is represented as an exponential function are;

  • Prize A = $5,000 + $100m (where m = no. of months).
  • Prize B = $2,000(1.1)^m.

What equations represents the given situation?

It follows from the task content that in scenario which pertains to Prize A, the initial price which represents the y-intercept is; $5,000 while the slope which represents the increase per month is; $100.

Consequently, we have; Prize A = $5,000 + $100m

While, for Prize B, in which case the function via exponential, we have;

Prize B = $2,000(1.1)^m.

Read more on linear and exponential functions;

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