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Sagot :
Answer:
compound interest
Step-by-step explanation:
compound interest yields higher profit than simple interest
Answer:
the simple interest function will be greater in the beginning, but the
compound interest equation will overtake the simple after a while.
it appears that the 4% compound equation will overtake the simple at about 10 years
Step-by-step explanation:
[tex]1 + .05t = 1(1.04)^t[/tex]
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