Paul considers investing 8 000 in three different accounts

Last updated: 1/12/2024

Paul considers investing 8 000 in three different accounts for 6 years Option A 5 simple interest Option B 4 5 interest compounded continuously Option C 4 75 interest compounded yearly After 6 years Option B to the nearest dollar will be worth more than Option A and less than Option C linear quadratic are exponential constant Option A is a function while Options B and C functions While the function gains value the fastest initially over time the functions will alue faster