Orlando invests S1000 at 6% annual interest compounded daily and Bernadette invests S1000 at 170

simple interest. After how many whole years will Orlando's investments be worth more than

Bernadette's investments?

So it will only take a year for Orlando's investments be worth more than

Bernadette's investments

Step-by-step explanation:

Interest of Bernadette in a year

=( 1000*170*1)/100

= 1700

So amount at a year is$ 2700

For Orlando amount the end of the year with compound interest daily.

A = P(1+r/n)^nt

A = 1000(1+(17/365))^(365*1)

A = 1000(1+0.0466)^365

A = 1000(1.0466)^365

A= $1.659*10^10

So it will only take a year for Orlando's investments be worth more than

Bernadette's investments

first one

step-by-step explanation:

step-by-step explanation:

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