Mathematics

Wayne

13 December, 06:57

Lily manipulated the function representing account B in order to compare the rates of accounts A and B. Her work is

shown here:

B (t) = 3,000 (1.008) 120

= 3,000 (1.008) 4•

= 3,000 (1.008) 4.4

= 3,000 (1.0084,4

- 3,000 (1.0324) *

Which statement is true?

Lily should have multiplied 1.008 by 4 instead of raising 1.008 to the power of 4.

Lily didn't make any mistakes.

Lily should have divided 12 by 4 instead of 3.

Lily should have raised 1.008 to the power of 3 instead of 4.

What statement is true