The table below shows the average yearly balance in a savings
account where interest is compounded annually. no money is
deposited or withdrawn after the initial amount is deposited.
year balance, in dollars
0 380.00
10 562.49
20 832.63
30 1232.49
40 1824.39
50 2700.54
which type of function best models the given data?
(1) linear function with a negative rate of change
(2) linear function with a positive rate of change
(3) exponential decay function
(4) exponential growth function