Answer:
C.
Step-by-step explanation:
exponential function
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The graph that represents the compound interest is the Exponential function, the correct option is C.
An exponential function is what can be represented in the form of abˣ.
The compound interest is the interest obtained after compounding the principal and the interest monthly, annually or quarterly basis.
The formula of the compound interest for the P principle, r rate of interest, and n is the time.
A = P ( 1+r /100)ⁿ
This can be compared with the standard equations of the functions to determine its pattern.
The compound interest compares to the exponential function standard equation.
To know more about Exponential Function
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