All other thirigs being equal, the numerical difference between a present and a future value corresponds to the amount of interest earned during the deposit or investment period. Each line on the following graph corresponds to an interest rate: 0%,9%, or 18%. Identify the interest rate that corresponds with each line. Line A: Line B: v Linec: Imrestments and loans base their interest calculations on one of two possble methods: the interest and the interest methods. Both methods apply three variables- the arrount of principal, the interest rate, and the imestanent or deposit period-to the amount depositod or invested in erder to compute the smount of imerest. However, the two methods differ in their relationship between the variables Aswime that the variobles 1,N, and PV repreunt the interest rate, investmint or deposk peciod, and present value of the amount deossited or invested, respectwely. Which ecuatian best represents the calculabon of a future value (IV) using: Compound incesest? R=Rv(1+1)N W=(1+T)N/DW interest? NV=N/(BNTN)F=BN(FV1N)W=W+6%1m Idertufy whecher the following scatements about the simple and compound intereut methods are true or false statement: True Talse Everything elve feid cocatant, an account that earns compound interest wa grow mare quickly than an otherwise identical account that warns simple interest. never ensend the fonre value tiased en simple interest. Ineerest by the end of the first year: Heather is wiling to invest $30,000 for sx vears, and is an economically rational investor. She has identified three investment alternatives (L, M, and P) that vary in their method of calculating interest and in the annual interest rate offered. Since she can only make one investment during the six-year investment period, complete the following table and indicate whether Heather should invest in each of the investments. Note: When calculating each investment's future value, assume that all interest is earned annually. The final value should be rounded to the nearest whole doilar