Question

Complete each part using complete sentences:

Part I: Describe compound interest.
Part II: Describe exponential growth.
Part III: Describe the relationship between compound interest and exponential growth.

Answer 1

Compound Interest when interest is added to the principal.
2.) Exponential growth is constant rate of growth applied to growing base over period of time.
3.)I would say that compound is the form of the exponential growth.Compound interest is modeled as exponential growth problem.