IDNLearn.com is your go-to resource for finding expert answers and community support. Ask anything and receive immediate, well-informed answers from our dedicated community of experts.
Answer:
1. Exponential
2. Linear
Step-by-step explanation:
1. Exponential
Principal = 15000
Rate, r = 6.5% compounded annually
A = P(1 + r)^t
A = 15000(1 + 0.065)^t
A = 15000(1.065)^t
2. Linear
Let initial amount in bank = x
Amount added per week = 2
Number of weeks or period = t
A = x + 2t