SmarterEd

Aussie Maths & Science Teachers: Save your time with SmarterEd

Financial Maths, STD2 F4 2019 HSC 13 MC

The graph show the future values over time of  `$P`, invested at three different rates of compound interest.
 


 

Which of the following correctly identifies each graph?

A. B.
C. D.
Show Answers Only

`C`

Show Worked Solution

`text(Values increase quicker)`

`text(- higher compounding interest rate)`

`text(- same rate but more frequent compounding period)`

`:. W = 10text(% quarterly)`

`X = 10text(% annually)`

`Y = 5text(% annually)`

 
`=> C`