(b) Part B: Exceeds Mastery Aaron just inherited $8,000 from his grandmother. He plans to invest the money, not touching it for five years. He can invest in treasury bills at 5% interest,
compounded annually, or in a money market account earning 8% annual simple interest.
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a) Determine if each investment can be modeled with a linear or exponential function.
b) Justify your answer to a.
c) Which account should he invest in and why?
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