Elisa puts $1,000 into each of 2 bank accounts.Account A: 3% interest rate, compounded annually, which is growthAccount B: $40 bonus added to the account each year, which is growth
Answer
Selection 1:
exponential
Selection 2:
linear

Question

Elisa puts $1,000 into each of 2 bank accounts.Account A: 3% interest rate, compounded annually, which is growthAccount B: $40 bonus added to the account each year, which is growth

Revolt · Accepted Answer

Selection 1: exponential; Selection 2: linear

Linear Growth vs. Exponential Growth

Elisa puts $1,000 into each of 2 bank accounts.Account A: 3% interest rate, compounded annually, which is growthAccount B: $40 bonus added to the account each year, which is growth

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