Miranda opened a high-yield savings account with a one-time deposit. The balance of her investment account B
, in dollars, after t
years could be approximated by the function B(t)=2,000(1.035)t
. Which graph could be used to represent the balance of Miranda's investment account?(1 point)
Responses
A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2070), and rises at an increasing rate, passing through plotted and labeled points (5, 2459), (10, 2920), and (15, 3468).
Image with alt text: A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2070), and rises at an increasing rate, passing through plotted and labeled points (5, 2459), (10, 2920), and (15, 3468).
A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2000) and rises at an increasing rate, passing through plotted and labeled points (5, 2375), (10, 2821), and (15, 3351).
Image with alt text: A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2000) and rises at an increasing rate, passing through plotted and labeled points (5, 2375), (10, 2821), and (15, 3351).
A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2070), and rises at an increasing rate, passing through plotted and labeled points (5, 2256), (10, 2459), and (15, 2679).
Image with alt text: A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2070), and rises at an increasing rate, passing through plotted and labeled points (5, 2256), (10, 2459), and (15, 2679).
A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and a labeled point (0, 2000), and falls at a decreasing rate, passing through plotted and labeled points (5, 1674), (10, 1401), and (15, 1172).
Image with alt text: A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and a labeled point (0, 2000), and falls at a decreasing rate, passing through plotted and labeled points (5, 1674), (10, 1401), and (15, 1172).
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The correct graph that could be used to represent the balance of Miranda's investment account is:
A function is graphed on a first quadrant coordinate plane. The horizontal axis labeled Years goes from 0 to 20 in increments of 1 and the vertical axis labeled Balance in dollars goes from 0 to 4,000 in increments of 100. From left to right, a curve starts at a plotted and labeled point (0, 2000) and rises at an increasing rate, passing through plotted and labeled points (5, 2375), (10, 2821), and (15, 3351).