The value of the bank account is estimated to be approximately dollars greater in than in .
The value of the bank account is estimated to be approximately dollars in .
The value, in dollars, of the bank account is estimated to be approximately times greater in than in .
The value of the bank account is estimated to increase by approximately dollars every years between and .
Explanation
Correct answer: B.
Choice B is correct. It's given that the function models the value, in dollars, of a certain bank account by the end of each year from through , where is the number of years after . It follows that represents the estimated value, in dollars, of the bank account years after . Since the value of is the value of when , it follows that " is approximately equal to " means that is approximately equal to when . In the given context, this means that the value of the bank account is estimated to be approximately dollars years after . Therefore, the best interpretation of the statement " is approximately equal to " in this context is the value of the bank account is estimated to be approximately dollars in .
Desmos solution:
Note: Since x counts years after 1957, f(5) gives the account’s estimated value in 1962, about $243.
Enter in Desmos:
Reviewed and rewritten by CookSAT
Why the other choices are wrong
Choice A
Choice A is incorrect and may result from conceptual errors.
Choice C
Choice C is incorrect and may result from conceptual errors.
Choice D
Choice D is incorrect and may result from conceptual errors.