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　　【thisisenglishmath!1.supposeyouinvest$1000forfiveyearsat6%simpleinterest.Howdoesthesimpleinterestcomparetothecompoundinterest?2.findtheamountofmoneyinasavingsaccountif$1000isinvestedforfiveyearsat6%interestcomp】

　　thisisenglishmath!

　　1.supposeyouinvest$1000forfiveyearsat6%simpleinterest.Howdoesthesimpleinterestcomparetothecompoundinterest?

　　2.findtheamountofmoneyinasavingsaccountif$1000isinvestedforfiveyearsat6%interestcompoundedquarterly.

　　3.supposeyouleave$100ineachofthreebankaccountspaying5%interestperyear.oneaccountpayssimpleinterest,onepaysinterestcompoundedsemiannually,andonepaysinterestcompoundedquarterly.findtheamountofmoneyineachaccountafterthreeyears

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2020-08-06 20:08

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孙继昌

　　It'saeasyquestion,buthardtoanswer.

　　1simpleinterest:1000*6%*5

　　compoundinterest:1000*(1+6%)*E5(compoundinterestyearly)

　　21000*(1+6%/4)*E60

　　3simpleinterest:100*5%*3

　　compoundinterestsemiannually:100*(1+5%/2)*E6

　　compoundinterestsemiannually:100*(1+5%/4)*E12

2020-08-06 20:10:17

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