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

Question 14

Multiple Choice

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 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 .


A) interest rate
B) interest value
C) fixed rate
D) floating rate
E) simple interest

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