A person deposits $100 at the beginning of each year for 20 years. Simple interest at an annual rate of i is credited to each deposit from the date of deposit to the end of the twenty year period. The total amount thus accumulated is $2840. If instead, compound interest had been credited at an effective annual rate of i, what would the accumulated value of these deposits have been at the end of 20 years

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.