of toc they in. Quadratic vi. ExponentialLT 10c, Linear vs. Quadratic vs. ExponentialBen Aqtiw113hmfolms10S.bemitinemexturnalitodThe value of a certain investment over time is given ir Answer the questions below to explain what kind of fancteon would belter moxt the data, linear or exponential.\begin{tabular}{|c|c|c|c|c|}\hline & 1 & 2 & 3 & 4 \\\hline & 11,854.00 & loulen in & A.s76.00 & 7318.96 \\\hline\end{tabular}
Q. of toc they in. Quadratic vi. ExponentialLT 10c, Linear vs. Quadratic vs. ExponentialBen Aqtiw113hmfolms10S.bemitinemexturnalitodThe value of a certain investment over time is given ir Answer the questions below to explain what kind of fancteon would belter moxt the data, linear or exponential.\begin{tabular}{|c|c|c|c|c|}\hline & 1 & 2 & 3 & 4 \\\hline & 11,854.00 & loulen in & A.s76.00 & 7318.96 \\\hline\end{tabular}
Calculate Difference Year 1 Year 2: Calculate the difference in value between Year 1 and Year 2.$13,576.00−$11,854.00=$1,722.00.
Calculate Difference Year 2 Year 3: Calculate the difference in value between Year 2 and Year 3.$15,876.00−$13,576.00=$2,300.00.
Notice Non-Constant Differences: Notice the differences between consecutive years are not constant, which suggests the function might be exponential.
Calculate Ratio Year 2 Year 1: Calculate the ratio of the value from Year 2 to Year 1.$13,576.00/$11,854.00≈1.145.
Calculate Ratio Year 3 Year 2: Calculate the ratio of the value from Year 3 to Year 2.$15,876.00/$13,576.00≈1.169.
Notice Close Ratios: Notice the ratios between consecutive years are not constant, but they are close. This suggests the function might be exponential, but we need to check one more year to be sure.
Calculate Ratio Year 4 Year 3: Calculate the ratio of the value from Year 4 to Year 3.$18,318.96/$15,876.00≈1.154.
More problems from Write linear and exponential functions: word problems