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OpenStudy (anonymous):
Suppose that you deposit $1.00 into an account that pays 100% annually.
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OpenStudy (anonymous):
What's the question here?
OpenStudy (anonymous):
a. How much will you have in the bank at the end of 1 year? b. Suppose that the interest is compounded twice each year. how much will you have in the bank at the end of 1 year c. Use tech to calculate the amount in the bank at the end of 1 year with more compounding periods d. What number does the amount in part c seem to be approaching?
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