To analyze which of the situations could describe the concave-up, increasing curve, we need to look at the characteristics of each option:
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Sienna buys a vintage record for $20. Its value appreciates by 20 percent each year.
This situation represents exponential growth, as the value of the record increases by a percentage of its current value each year. The graph would be concave-up and increasing. -
Juveldy puts $20 in a high-yield savings account. His investment triples every year.
This is also exponential growth, and the value of the investment grows significantly each year. The graph would be concave-up and increasing. -
There are 200 cockroaches in a building, and the population triples every day.
Similarly, this represents exponential growth. The population of cockroaches increases very rapidly each day, leading to a concave-up, increasing graph. -
Niall rents a bike for $20 per hour.
This situation does not describe growth, only a fixed cost increasing linearly as time goes on. The graph would not be concave-up; instead, it would be a straight line at a constant rate.
Based on this analysis, the situations that could describe the concave-up, increasing curve are:
- Sienna buys a vintage record for $20. Its value appreciates by 20 percent each year.
- Juveldy puts $20 in a high-yield savings account. His investment triples every year.
- There are 200 cockroaches in a building, and the population triples every day.
Given the context, any of the first three situations could represent the described graph, but the best matches would be those indicating exponential growth.