1. The graph shows two accounts with the same principal and annual interest rate. Use the graph to estimate the answer to each question. Show your work. 1500 1400- 1300 1200- Optional: How much compound interest is earned at 35 years? compound interest 1100 1000 (looks to be in the middle) 900- 800 700- 600 500- 400- 300 Optional: How much simple interest is earned at 35 years? (looks close to the whole number) simple interest (a) How much more compound interest than simple interest is earned after 35 years? 200 100- 5 10 15 20 25 30 35 40 45 50 Number of years Optional: How much compound interest is earned at 45 years? compound (looks about 3 quarters(25) of the way to the whole number) Optional: How much simple interest is earned at 45 years? (looks close to the whole number) simple interest (b) How much more compound interest than simple interest is earned after 45 years? 100 Number of yers Total amount (dollars) Tokatameunt Ea
1. The graph shows two accounts with the same principal and annual interest rate. Use the graph to estimate the answer to each question. Show your work. 1500 1400- 1300 1200- Optional: How much compound interest is earned at 35 years? compound interest 1100 1000 (looks to be in the middle) 900- 800 700- 600 500- 400- 300 Optional: How much simple interest is earned at 35 years? (looks close to the whole number) simple interest (a) How much more compound interest than simple interest is earned after 35 years? 200 100- 5 10 15 20 25 30 35 40 45 50 Number of years Optional: How much compound interest is earned at 45 years? compound (looks about 3 quarters(25) of the way to the whole number) Optional: How much simple interest is earned at 45 years? (looks close to the whole number) simple interest (b) How much more compound interest than simple interest is earned after 45 years? 100 Number of yers Total amount (dollars) Tokatameunt Ea
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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