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

question 12

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 $$A = 1 + 0.075 ||t|| \text { or } A = e ^ { 0.07 t }$$ 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? ​

• A)​
• B)​
• C)​ ​
• D)​

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Definitions:

Sample Size

The quantity of observations accumulated in a sample originating from a broader population.

Population Proportion

A measure that represents the fraction of the total population possessing a certain characteristic or attribute.

Maximum Allowable Error

The largest error that is tolerated in the results of a measurement, maintaining the results within an acceptable range.

Null Hypothesis

An initial statement asserting that there is no effect or no difference, and any observed deviation is due to chance.