The projected value of an investment is modeled by the exponential function V(t) = 30, 000 * (1.125) ^ t , where V(t) is the total value after t years. What is the percent increase each year for the investment?
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram