Question: . Statement I : If the annual simple interest rate equals the annual compound interest rate, then the accumulated value at any time t of

. Statement I : If the annual simple interest rate equals the annual compound interest rate, then the accumulated value at any time t of an initial deposit of $X using the compound interest rate is always greater. Statement II : If i is unknown, then the value of d plus v cannot be determined. Statement III: 1 is greater than i for all values 0 < i < 1.

A. Only statement I is true

B. Only statement II is true

C. Only statement III is true

D. All 3 statements are false

E. None of the above answers are correct

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