Objective [2.9]

A.
Given this simple interest (linear growth of money) model $\displaystyle {M}={G}{\left({t}\right)}={P}{\left({1}+{r}{t}\right)}$
Match the symbol in the functional notation with its meaning.


B.
True or False
if $\displaystyle {t}$ is in years but the interest rate is 1% monthly then $\displaystyle {r}={1}$