If you plotted the future value of $1000 growing at any interest rate greater than 0 with dollars on the vertical axis and time on the horizontal axis, the resulting curve would [blank].
A)slope upward at a constant rate
B)eventually become parallel to the horizontal axis
C)slope upward at a decreasing rate
D)slope upward at an increasing rate

Question

Quizplus · Accepted Answer

The future value of an investment growing at a positive interest rate compounds over time, meaning the amount of interest earned increases as the principal amount grows. This results in a curve that slopes upward at an increasing rate, reflecting the exponential growth of the investment.

If You Plotted the Future Value of $1000 Growing at Any