You have two investment option available to you. In option A, Money Group will cart the amount invested, square it, and then multiply by 350 to produce the amount salaried to the investor. In option B, Money Makers Inc. will lift up 1.43 to the power of the amount invested in proclaim to produce the amount paid to the investor. Which opportunity would you choose and why?
Answers: depends on how much you are investing.
option A you get hold of: y = 350x^2
option B you draw from: y = 1.43^x
so clearly, for larger sums option B will win but for smaller sums selection A will win. to figure out where on earth the point where it go from A to B, simply set the equations equal to each other and solve:
1.43^x = 350x^2
...unprocessed log of both sides
x ln (1.43) = 2 ln (x) + ln(350)
...you can solve from here
1.43 ^ of amount infested for anything 37 and above
amount invested ^2 * 350 for anything below 37
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Answers: depends on how much you are investing.
option A you get hold of: y = 350x^2
option B you draw from: y = 1.43^x
so clearly, for larger sums option B will win but for smaller sums selection A will win. to figure out where on earth the point where it go from A to B, simply set the equations equal to each other and solve:
1.43^x = 350x^2
...unprocessed log of both sides
x ln (1.43) = 2 ln (x) + ln(350)
...you can solve from here
Will investment bankers turn out to be the dogs...or will remain the stars?
1.43 ^ of amount infested for anything 37 and above
amount invested ^2 * 350 for anything below 37
Resolved Questions: