Sergio deposited $100 in each of 2 accounts. He made no deposits or withdrawals for the next 20 years. Account A earned 10% simple interest. Account B earned 10% interest, compounded annually. Complete the tables below showing the balance in each account at the end of each year, then draw 2 graphs to show the same information.

Table 1 Years 0 through 10

Table 2 Years 11 through 20

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Table 1 Years 0 through 10 ↑ # Year Balance, Account A Balance, Account B Table 2 Years 11 through 20 Year Balance, Account A Balance, Account B 800 700 600 500 400 300 200 100 O T 1 2 3 4 0 10 0 10 0 11 5 6 1 7 12 8 2 3 4 5 6 IN 7 8 9 10 13 14 15 16 17 18 19 20 9 10 11 12 13 14 15 16 17 18 19 20 Table 1 Years 0 through 10 ↑ # Year Balance, Account A Balance, Account B Table 2 Years 11 through 20 Year Balance, Account A Balance, Account B 800 700 600 500 400 300 200 100 O T 1 2 3 4 0 10 0 10 0 11 5 6 1 7 12 8 2 3 4 5 6 IN 7 8 9 10 13 14 15 16 17 18 19 20 9 10 11 12 13 14 15 16 17 18 19 20 Table 1 Years 0 through 10 ↑ # Year Balance, Account A Balance, Account B Table 2 Years 11 through 20 Year Balance, Account A Balance, Account B 800 700 600 500 400 300 200 100 O T 1 2 3 4 0 10 0 10 0 11 5 6 1 7 12 8 2 3 4 5 6 IN 7 8 9 10 13 14 15 16 17 18 19 20 9 10 11 12 13 14 15 16 17 18 19 20 Table 1 Years 0 through 10 ↑ # Year Balance, Account A Balance, Account B Table 2 Years 11 through 20 Year Balance, Account A Balance, Account B 800 700 600 500 400 300 200 100 O T 1 2 3 4 0 10 0 10 0 11 5 6 1 7 12 8 2 3 4 5 6 IN 7 8 9 10 13 14 15 16 17 18 19 20 9 10 11 12 13 14 15 16 17 18 19 20

Answer rating: 100% (QA)

Table 1 Years 0 through 10 Year Account A balance Account B balance 0 100 100 1 110 110 2 120 121 3 ... View the full answer