Question

The table represents several values of the function , which models the value of an investment, in dollars, years after the initial investment is made, where .

Which best describes the function when graphed on a coordinate plane?

Responses

The function has a -intercept located at , and as increases, increases.
The function f ( t ) has a y -intercept located at ( 1 , 840.00 ) , and as t increases, f ( t ) increases.

The function has a -intercept located at , and as increases, decreases.
The function f ( t ) has a y -intercept located at ( 1 , 840.00 ) , and as t increases, f ( t ) decreases.

The function has a -intercept located at , and as increases, increases.
The function f ( t ) has a y -intercept located at ( 0 , 800.00 ) , and as t increases, f ( t ) increases.

The function has a -intercept located at , and as increases, decreases.
The function f ( t ) has a y -intercept located at ( 0 , 800.00 ) , and as t increases, f ( t ) decreases.

Answers

Answered by GPT-4o mini
To analyze the function \( f(t) \) that models the value of an investment over time, we need to determine the following:

1. The \( y \)-intercept of the function, which typically represents the initial value of the investment (when \( t = 0 \)).
2. The behavior of the function as \( t \) increases, which indicates whether the value of the investment is increasing or decreasing over time.

Given the responses provided, let's define the \( y \)-intercept:

- If the \( y \)-intercept is located at \( (0, 800.00) \), that would mean the initial investment value is $800.00.
- If the \( y \)-intercept is located at \( (1, 840.00) \), that would suggest that at \( t = 1 \) year, the value is $840.00, but it wouldn't specify the value at \( t = 0 \).

Now, let’s review the responses:

1. **Response about \( (1, 840.00) \) and increasing**: This could imply the investment grows, but it doesn't tell you what happens at \( t = 0 \).

2. **Response about \( (1, 840.00) \) and decreasing**: This suggests a decrease, which is less likely if we are discussing a typical investment.

3. **Response about \( (0, 800.00) \) and increasing**: This suggests the initial investment is $800.00 and grows over time, which is typical for investments.

4. **Response about \( (0, 800.00) \) and decreasing**: This would imply the investment decreases over time, which is not typical for an investment model.

Based on the structure of typical investment growth, we can affirm:

- If \( f(t) \) has a \( y \)-intercept at \( (0, 800.00) \) and as \( t \) increases, \( f(t) \) increases, it suggests a positive growth of the investment.

Thus, the most appropriate response is:

**The function \( f(t) \) has a \( y \)-intercept located at \( (0, 800.00) \), and as \( t \) increases, \( f(t) \) increases.**

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