You have the option of two phone plans. the link one plan will charge you $0.50 for a phone call, plus $0.40 per minute. the family plan will charge you $0.48 per minute. how much time would you need to spend on one phone call so that both plans would cost the same amount?

A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.