OpenStudy (anonymous):

The future value of Elijah's certificate of deposit (CD), for the first five years, is represented by the sequence below. The applied interest is compound interest. $517.50, $535.61, $554.36, $573.76, $593.84, ... A. True B. False

2 years ago
OpenStudy (anonymous):

@Brill hello

2 years ago
OpenStudy (anonymous):

Well take the second term, subtract it from the first, then take the 3rd term, subtract it from the 3rd, if the rate of change is different it is compound

2 years ago
OpenStudy (anonymous):

Sorry, subtract 1st from 2nd and 2nd from 3rd

2 years ago
OpenStudy (anonymous):

typo

2 years ago
OpenStudy (anonymous):

Hi

2 years ago
OpenStudy (anonymous):

1st from 2nd i got -18.11

2 years ago
OpenStudy (anonymous):

2nd from 3rd i got -18.75

2 years ago
OpenStudy (anonymous):

so true?

2 years ago
OpenStudy (anonymous):

Yep :)

2 years ago
OpenStudy (anonymous):

ty

2 years ago
OpenStudy (anonymous):

It's always compund if there is a change in the rate of change

2 years ago