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A Deposit Placed in an Interest-Earning Account Earning 8% a Year

question 28

Multiple Choice

A deposit placed in an interest-earning account earning 8% a year will double in value in ________ years.

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Definitions:

Independent Variable

A variable that is manipulated to determine if it causes any change to a dependent variable in an experiment.

Dependent Variable

The variable in an experiment or model that is expected to change in response to changes in the independent variable(s).

Scatterplot

A type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data, showing the relationship between them.

Variables

Elements, characteristics, or conditions that can change or vary in a mathematical or statistical experiment.

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