I would be happy to fan, give a medal, do whatever! If someone was kind enough to help me out with this question, been struggling with it for days. :(
Using the table, complete parts A, B, and C (table is attached below). Part A: Find the third terms in the table, A and B, using a linear model (simple interest) and an exponential model (compound interest). Part B: Assuming it has the same annual interest rate rounded to the nearest cent, how much more is the investment worth using an exponential model versus a linear model? Part C: How would a rate of decay or decay factor affect the outcome in Parts A and B? Explain.
you know the formula for SI and CI? apply them.
ok dude
I'll try using the formulas :) Thanks
Give me a head up if you could do it!
Join our real-time social learning platform and learn together with your friends!