Question: Answer the questions about the compound interest functions in each row of the table below. Select Option A or Option B. Option A Option B

Answer the questions about the compound interest functions in each row of the table below. Select Option A or Option B. Option A Option B Row 1 0.045 A(t) = 60(1 + 2) 4t 4 0.07 At) = 50(1+ - ) 120 12 Which function shows a higher interest rate? Row 2 0.025 A(t) = 75(1+ 52 -) 52t 0.03 A(t) = 70(1+ -) 7 Which function shows interest that compounds weekly? Row 3 0.05 A(t) = 45(1 + 12 -) 124 0.5 A(t) = 45(1+ 30 -)12 Which function shows a principal of $45 at 5% interest compounded monthly
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