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.