Answer: The answer is (C) Exponential.
Step-by-step explanation: We are to select out of the given options the type of graph that a savings account with compounded interest be modelled.
We know that compounding gives more interest because we are earning interest on interest, and not just on the principal.
The formula foe compound interest is given by
where, 'P' is the principal, r is the rate of interest and 'n' is the number of years.
Therefore, we can see that the function is of exponential type.
If we draw the graph of compound interest earned every year with a particular rate of interest is of exponential type.
So, the correct option is (C) Exponential.
Answer:
Option A) any numerical value in an interval or collection of intervals
Step-by-step explanation:
Continuous Random Variable:
- A continuous random variable can take any value within an interval.
- Thus, it can take infinite values since there are infinite numbers in an interval.
- A continuous variable is a variable whose value is obtained by measuring.
- Examples: height of students in class
, weight of students in class, time it takes to get to school, distance traveled between classes.
- Thus, the correct meaning of continuous random variable is explained by Option A)
Option A) any numerical value in an interval or collection of intervals
X intercept is (9,0)
Y intercept is (0,9)
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