Dalton and Connor each invest money. The function f(x) = 850(1.07)x models the value of Dalton’s account after x years. The function g(x) = 844(1.06)x models the value of Connor’s account after x years.

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Johan Lundberg asked Oct 20, 2023

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Dalton and Connor each invest money. The function f(x) = 850(1.07)x models the value of Dalton’s account after x years. The function g(x) = 844(1.06)x models the value of Connor’s account after x years. What is the difference between the percentage points of the two annual interest rates?

A. 7%
B. 1%
C. 6%
D. 4%