COMPARING MODELS If $1 is invested in an account over a

Chapter , Problem 32

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COMPARING MODELS If $1 is invested in an account over a 10-year period, the amount in the account, where represents the time in years, is given by or depending on whether the account pays simple interest at 6% or compound interest at compounded daily. Use a graphing utility to graph each function in the same viewing window. Which grows at a higher rate?

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