Question

PLEASE HELP ME ON THIS QUESTION!! Ren invested in two businesses in 2010. She invested $50,000 in Dawn's Flowers, which guaranteed a 7% return per year.

Her investment in Pop's Coffeeshop is represented by the function V(t)=24,500(1.06)t.


Which statements are true?


Select each correct answer.





Dawn's Flowers earned a greater rate of return than Pop's Coffeeshop.


​​In 2020, the Pop's Coffeeshop investment will have a greater value than the Dawn's Flowers investment.


Ren's initial investment in Dawn's Flowers was greater than her initial investment in Pop's Coffeeshop.


​In 2015, the Pop's Coffeeshop investment had a greater value than the Dawn's Flowers investment.

Answer 1

Dawn's Flowers earned a greater rate of return than Pop's Coffeeshop

Ren's initial investment in Dawn's Flowers was greater than her initial investment in Pop's Coffeeshop.