The Table Lists the Value Y (In Dollars) of $100

question 131

Essay

The table lists the value y (in dollars) of $100 deposited in a certificate of deposit (CD) at a bank after y years. $$\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Year } & 1 & 2 & 3 & 4 & 5 & 20 \\\hline \text { Value } & 103 & 106.09 & 109.27 & 112.55 & 115.93 & 180.61 \\\hline\end{array}$$ Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model
is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential,
and power models. Include the type of model and the equation for the model you find.

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Definitions:

Charismatic Leader

A leader who inspires and motivates followers through their personal charm, vision, and influence.

Low Risk Taker

An individual or entity that prefers to avoid or minimize risks, often choosing safer or more certain outcomes over potentially higher but riskier rewards.

Charismatic Leaders

Individuals who possess a natural ability to inspire and attract followers through their personal charm, persuasion, and dynamic presence.

Metaphors and Analogies

Linguistic tools used to describe or explain concepts by comparing them to other, often unrelated, things for clearer understanding.