Question: Now let's compare interest compounded continuously to simple interest. Suppose that $ 70,000 is invested in two accounts: one earns 8% simple interest, the other
Now let's compare interest compounded continuously to simple interest. Suppose that $ 70,000 is invested in two accounts: one earns 8% simple interest, the other earns 8% compounded continuously, what is the value of each account after 10 years,. What is the value after 20 years
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