X 8.4.47 Question Help
Two accounts each begin with a deposit of $9000 Both accounts have rates of 4.2%, but one account compounds interest once a year while the other account
compounds interest continuously. Make a table that shows the amount in each account and the interest earned after one year five years, ten years, and 20 years
Compounded annually Compounded continuously
Balance Interest Balance
Interest
1 year
5 years
10 years
20 years
(Round to the nearest dollar as needed)

Compounded annually
1year? Interest
5year? Interest
10year? Interest
20 year? Interest

Compounded continuously
1year? Interest
5year? Interest
10year? Interest
20year? Interest