Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
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6.8% compounded continuously results in more total interest
Yes, the number of words ARE proportional to the number of minutes she types, away to tell is when it says Bella types at a CONSTANT rate of 42 words per minute. This means for every minute 42 words will be added.
5 · 5 - 4 · 4 = 9 sorry if I'm wrong
the dots mean to multiply