Mr. Martinez decided to invest his money in a mutual fund. This table gives the amount of money Mr. Martinez had in his account over the course of 42 months. The table can be modeled using an exponential function.


Months 6 12 18 24 30 36 42

Account value $1,339 $1,798 $2,408 $3,225 $4,321 $5,792 $7,766

What function best represents the data?


A) y=75 x 1. 22x


B) y=75x


C) y=1000+1. 34x


D) y=1000 x 1. 05x

Respuesta :

Answer:

y=1000⋅1.05x

Step-by-step explanation:

I took the test.

The function that most effectively represents the given data would be:

D). y = 1000 × 1.05x

Exponential Function

Given that,

No. of the months     Account value

    6                                  $1,339

    12                                  $1,798

    18                                  $2,408

    24                                  $3,225

    30                                  $4,321

    36                                  $5,792

    42                                  $7,766

The function that represents the given data effectively:

y = 1000 × 1.05x

This helps in showing the times by which the value variates every 1000.

Thus, option D is the correct answer.

Learn more about "Exponential Function" here:

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