Pepe's balance will be greater because Pepe's balance is growing exponentially option (A) is correct.
What is an exponential function?
It is defined as the function that rapidly increases and the value of the exponential function is always positive. It denotes with exponent [tex]y = a^x[/tex]
where a is a constant and a>1
We have:
Pepe and Leo deposit money into their savings accounts at the end of each month.
From the table, we can plot a graph on a coordinate plane.
As we can see in the graph:
Because Pepe's balance is growing exponentially and Leo's is growing linearly, it will be bigger.
Thus, Pepe's balance will be greater because Pepe's balance is growing exponentially option (A) is correct.
Learn more about the exponential function here:
brainly.com/question/11487261
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