Question

Cheyanne plans to put $150 into a savings account. She can place her money into an account represented by f(x) = 5x + 150, or into another account represented by g(x) = 150(1.03)x. Which account has the highest value in 3 years? Which account has the highest value in 10 years? f(x) has the highest value in 3 years; g(x) has the highest value in 10 years g(x) has the highest value in 3 years; f(x) has the highest value in 10 years f(x) has the highest value in 3 years; f(x) has the highest value in 10 years g(x) has the highest value in 3 years; g(x) has the highest value in 10 years​

Answer 1

Answer:

(x) = 5x + 150, or into another account represented by g(x) = 150(1.03)x. Which account has the highest value in 3 years? Which account has the highest value in 10 yearsf(x) has the highest value in 3 years; g(x) has the highest value in 10 years g(x) has the highest value in 3 years; f(x) has the highest value in 10 years f(x) has the highest value in 3

Answer 2

Step-by-step explanation:

Answer: 1. f(x) has the highest value in 3 years; g(x) has the highest value in 10 years

Step-by-step explanation:

Given:- Principal amount= $150

First account represented by the function=→Linear function

Second account represented by the function=→Exponential function

where x is the time period in years.

When x=3 years

here, f(x) has the highest value .

When x=10 years

g(x) has the highest value.

Therefore,  f(x) has the highest value in 3 years; g(x) has the highest value in 10 years