The function B gives the balance, in dollars, in a mutual fund t years after the initial investment. Assume that no deposits or withdrawals are made during the investment period. What is the financial interpretation of .
A) interest rate
B) interest value
C) fixed rate
D) floating rate
E) simple interest

Question

The function B gives the balance, in dollars, in a mutual fund t years after the initial investment. Assume that no deposits or withdrawals are made during the investment period. What is the financial interpretation of  .
A) interest rate 
B) interest value 
C) fixed rate 
D) floating rate 
E) simple interest

Quizplus · Accepted Answer

The Answer of The function B gives the balance, in dollars, in a mutual fund t years after the initial investment. Assume that no deposits or withdrawals are made during the investment period. What is the financial interpretation of  .
A) interest rate 
B) interest value 
C) fixed rate 
D) floating rate 
E) simple interest

The Function B Gives the Balance, in Dollars, in a Mutual