Mathematics, 12.01.2021 19:50 Izzyfizzy
Collin invests $100 each in two accounts. Account 1 earns 0.25% compound interest monthly, and Account 2 earns 0.25% simple interest monthly. Write two functions that model each account's balance in dollars, after t months.
Account 1: B1(t)=100(1.0025)t;
Account 2: B2(t)=100+0.25t
Account 1: B1(t)=100(1.0025)t;
Account 2: B2(t)=100+25t
Account 1: B1(t)=100(1.025)t;
Account 2: B2(t)=100+0.25t
Account 1: B1(t)=100(1.025)t;
Account 2: B2(t)=100+25t
Answers: 3
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