Question: 3 questions diffrently interest Now let's compare interest compounded continuously to simple interest. Suppose that $45,000 is invested in two accounts: one earns 5% simple

3 questions diffrently

3 questions diffrently interest Now let's compare interest compounded continuously to simpleinterest. Suppose that $45,000 is invested in two accounts: one earns 5%simple interest, the other earns 5% compounded continuously. Fill in the following

interest Now let's compare interest compounded continuously to simple interest. Suppose that $45,000 is invested in two accounts: one earns 5% simple interest, the other earns 5% compounded continuously. Fill in the following tables with the future value of each account after each term. Use the formula A = Pe" for interest compounded continuously. Round your answers to the nearest cent. Years 5 10 15 5% simple interest $ EA 5% compounded $ $ continuously Years 20 25 30 5% simple interest EA EA 5% compounded $ $ continuously12t (b) Complete the table of outputs for this equation, A: 6500(1 + F) . Feel free to use a calculator or spreadsheet. Round the value to the nearest cent. 0 5 10 15 DECIDE] 20 12 1212 (b) Complete the table of outputs for this equation, A=9000(1 + ) . Feel free to use a calculator or spreadsheet. Round the value to the nearest cent. Years (0 Value (A) 0 5 10 15 DECIDE 20

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