A bank offers two different investment options.
Option 1 pays compound interest of 3.6% compounded monthly, meaning that each
month the balance increases by 1 of 3.6% of the previous month's balance.
Option 2 pays simple interest of 6% per year, meaning that each year the balance
increases by 6% of the initial deposit.

Which type of function can be used to model each option!

answer: i wpould go with c

step-by-step explanation:

the solution of the equation is 2.23 ⇒ answer b

step-by-step explanation:

* lets revise the meaning of exponential function

- the form of the exponential function is y = ab^x, where a ≠ 0, b > 0 ,  

  b ≠ 1, and x is any real number

- it has a constant base b

- it has a variable exponent x

- to solve an exponential equation, take the log or ln of both sides,  

  and solve for the variable

* lets solve the problem

∵

- the base is 7 and the exponent is x

- insert ㏑ in both sides

∴

- use the rule

∴ x ㏑(7) = ㏑(77)

- to find x divide both sides by ㏑(7)

∴

* the solution of the equation is 2.23 to the nearest 2 decimal places

you can use a^2+ b^2=c^2