Mathematics, 20.04.2021 18:00 heroicblad
Beth has $100 to invest. She can invest this into a 7% simple interest account or into an account with 5% interest compounded quarterly. The table shows the amount that would be in each account over the first five years. Which of the following statements are true about the growth shown in the table? The simple interest shows linear growth because it is adding a constant amount. The simple interest shows exponential growth because it is adding a constant amount. The compound interest shows linear growth because it is multiplying by a constant amount. The compound interest shows exponential growth because it is multiplying by a constant amount.
Answers: 2
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Mathematics, 21.06.2019 19:00
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Beth has $100 to invest. She can invest this into a 7% simple interest account or into an account wi...
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