Question

The fact that a $10 bill received today will still be worth $10 hundred years from now is an example of which function of money _ Store of value Unit of account Medium of exchange



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Answer 1

Answer:

Try looking at couple of points (x,y) with x=month, y=balance

 

(0,10), (1,30), (2,90), (3,270)

 

The slope between start and month 1 = 20/1 = 20

slope between month 1 and month 2 = 60/1 = 60

slope between month 2 and month 3 = 180/1 = 180

 

As can be seen, the slope gets steeper the farther out