Albert invested money into the stock market, and the table represents his earnings. What type of function could be used to model his bank account as a function of time? Justify your answer.


Week Balance ($)
1 1,400.00
2 1,470.00
3 1,543.50
4 1,620.68
This is a linear function because there is a common difference in the balance between the weeks.
This is a linear function because there is a common ratio in the balance between the weeks.
This is an exponential function because there is a common difference in the balance between the weeks.
This is an exponential function because there is a common ratio in the balance between the weeks.