You invest $100 in two accounts that each pay an interest rate of 10% per year, but one pays simple interest and the others pays compound interest. Make a table to show the growth of each over a 5-year period. Use the compound interest formula to verify the result in the table for the compound interest case

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Heres a table showing the growth of a 100 investment over a 5year period with one account earning si... View the full answer