The increase in allowance for option 1 each year can be calculated using the formula: Increase = Original Allowance * (Percentage Increase/100) = $10 * (7/100) = $0.70
The increase in allowance for option 2 each year is always $1.
Therefore, the difference in allowance between the two options after x number of years can be represented by the function:
Difference = (Increase Option 2 - Increase Option 1) * x = ($1 - $0.70) * x = $0.30 * x
The correct answer is D.
A mother gives her children two options for their weekly allowance.
Option 1: Increase the allowance by 7% each year.
Option 2: Increase the allowance by $1 each year.
If their allowance is originally $10, which function reveals the difference in allowance between the two options, where x is the number of years?
A.
B.
C.
D.
1 answer