What does the function M(t) represent in the context of Arjun's savings account?

Understanding Account Balance Changes

Interactive Video
•
Mathematics, Business
•
6th - 10th Grade
•
Hard

Aiden Montgomery
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The account balance in dollars after t days
The number of transactions made
The total deposits made into the account
The interest rate of the account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does M(30) - M(0) = 100 signify about Arjun's account?
The account was closed after 30 days
The initial deposit was $100
The account balance is $100 after 30 days
The balance increased by $100 in 30 days
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If M(30) is the balance after 30 days, what is M(0)?
The balance after 15 days
The balance after 60 days
The initial balance
The balance after 90 days
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a correct interpretation of M(30) - M(0) = 100?
The balance after 30 days is $100 more than the initial balance
Arjun added $100 to the account in the first 30 days
The account balance was $100 after 30 days
The account balance increased by $100 in 30 days
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the statement 'Arjun made a profit of $100 over the first 30 days' imply?
Arjun deposited $100 into the account
The account balance increased by $100
The account balance decreased by $100
Arjun withdrew $100 from the account
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