For Selected Years from 1978 to 2002, the Number of Mutual

question 73

Multiple Choice

For selected years from 1978 to 2002, the number of mutual funds N, excluding money market funds, can be modeled by , where t is the number of years past 1975 (Source: Investment Company Institute, Mutual Fund Fact Book (2003) ) . Use the model to estimate the number of mutual funds in 2001. Round your answer to the nearest whole number. ​

• A)8,912
• B)192
• C)10,604
• D)7,220
• E)412,923

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Definitions:

Sperm

Male gamete having a haploid number of chromosomes and the ability to fertilize an egg, the female gamete.

Egg

Also called an ovum; haploid cell that is usually fertilized by a sperm to form a diploid zygote.

Fertilize

The process of a sperm cell joining with an egg cell to initiate the development of a new organism.

Cellular Differentiation

Process and developmental stages by which a cell becomes specialized for a particular function.