You Are Given Three Options

question 138

Multiple Choice

You are given three options.You may have the balance in an account that has been collecting 5 percent interest for 20 years,the balance in an account that has been collecting 10 percent interest for 10 years,or the balance in an account that has been collecting 20 percent interest for five years.Each account had the same original balance.Which account now has the lowest balance?

• A)the first one
• B)the second one
• C)the third one
• D)It doesn't matter; they all have the same balance.

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Definitions:

Dot Plot

A statistical chart consisting of data points plotted on a simple scale, each dot representing a value.

Axis

A reference line used in graphs and charts to indicate values of variables.

Stem-and-Leaf Display

A graphical method of displaying quantitative data to show its shape and distribution, combining aspects of a histogram and scatter plot.

Data Set

A collection of data points or values related to a subject.