If $1 Is Invested in an Account Over a 10-Year $A = 1 + 0.075 \| t \mid \| \text { or } A = e ^ { 0.07 t }$

question 193

Multiple Choice

If $1 is invested in an account over a 10-year period, the amount in the account, where t represents the time in years, is given by $A = 1 + 0.075 \| t \mid \| \text { or } A = e ^ { 0.07 t }$ depending on whether the account pays simple interest at $7 \frac { 1 } { 2 } \%$ or continuous compound interest at 7%.Graph each function on the same set of axes.Which grows at a higher rate?

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Projective Personality

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