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

1 year ago
OpenStudy (anonymous):

@Brill hello

1 year 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

1 year ago
OpenStudy (anonymous):

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

1 year ago
OpenStudy (anonymous):

typo

1 year ago
OpenStudy (anonymous):

Hi

1 year ago
OpenStudy (anonymous):

1st from 2nd i got -18.11

1 year ago
OpenStudy (anonymous):

2nd from 3rd i got -18.75

1 year ago
OpenStudy (anonymous):

so true?

1 year ago
OpenStudy (anonymous):

Yep :)

1 year ago
OpenStudy (anonymous):

ty

1 year ago
OpenStudy (anonymous):

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

1 year ago
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