The balance, , in dollars, in a bank account depends on the amount
deposited, dollars, the annual interest rate, %, and
the time, , in months since the deposit, so .
(a)
Is an increasing or decreasing function of:
?
?
?
(b)
Interpret the statement by writing
a sentence, including units. Then use your sentence to complete the
following:
The units of 1250 are:
The units of 2.75 are:
The units of 20 are:
The units of 1977 are: .
(Note because this is all multiple choice, you will
not see which parts of the problem are correct.)
You can earn partial credit on this problem.