Mathematics, 05.12.2020 01:00 rrrrainy
$100 is the principal deposited in a 5% saving account not compounded
(simple interest). The same amount of $100 is placed in a 5% saving
account compounded annually. Find the total amount A after t years in
each saving plan and graph both of them in the same system of
rectangular axes. Use the graphs to approximate the time it takes each
saving plan to double the initial amount.
Answers: 3
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$100 is the principal deposited in a 5% saving account not compounded
(simple interest). The same a...
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