Ricardo and Mia invested money in a bank with a compounded interest of 2%. Ricardo’s investment is modeled by f(x) and Mia’s investment is modeled by g(x) . At the time of the initial deposit, how much more did Ricardo invest than Mia?

Question

(1 point)
Responses

$50
$50

$75
$75

$80
$80

$130

Answer 1

$80

Explanation: To find how much more Ricardo invested than Mia, we need to subtract the initial deposit amount of Mia's investment from Ricardo's. The difference between f(x) and g(x) would give us the difference in their initial investments. So, the answer is $80.