Years, 51015 Money in Account, y (in ) 30,000.00 49.461.64 81,548.45 134.450.67 Norma seeks out the help of a financial advisor to discuss plans that will help her earn money over time on an investmentThe advisor offers her two plans that will allow her to retire at the age of 50. The first investment option can be modeled by the equation y = 20; 0e ^ (0.12x) while the second investment option is modeled by the tableCompare the two function modelsIf Norma wants to invest as little money as possible up front, which option should she choose? point) Norma should select the second investment option since it will give her around more than the option 10 years should the second investment option since it give her around more than the option 10 years select the second investment option since has yintercept of select the investment option a of 20.000
Comparing the two function models:
First investment option: y = 20,000e^(0.12x)
Second investment option (from the table): y = y
If Norma wants to invest as little money as possible up front, she should choose the second investment option. This is because the second investment option has a lower initial investment amount (30,000) compared to the first investment option (20,000). Additionally, the second investment option has higher returns over time, as evidenced by the higher values in the table. Therefore, Norma would be able to retire at the age of 50 with a larger amount of money by choosing the second investment option.