Liam has $\$150$ in an account. Each year he expects to have $2.8\%$ …

Question

Prompt

Liam has

\

150

inana cco u n t . E a c h y e a r h ee x p ec t s t o ha v e

2.8\%$ more money in the account than he had the previous year. Which of the following models best describes how Liam expects the money in his account to change over time?

Decreasing exponential

Decreasing linear

Increasing exponential

Increasing linear