Joshua invests $500 at the interest rate shown. Felix invests $1,000 in an account with the same compounding but at 6% intere

Question

3 years ago

6

Joshua invests $500 at the interest rate shown. Felix invests $1,000 in an account with the same compounding but at 6% intere

st rate. Model each investment with an exponential growth function. Whose money will double first? Explain.
INVESTMENT SPECIAL
Annual Interest Rate- 7.8%
Interest Period - 2 years

Mathematics

2 answers:

EleoNora [17] · Answer 1 · 2022-10-04T19:38:07+03:00

EleoNora [17]3 years ago

6 0

Answer:

1

Step-by-step explanation:

nexus9112 [7] · Answer 2 · 2022-10-04T17:26:34+03:00

nexus9112 [7]3 years ago

5 0

I need help with this too!!!!!!!!!!!!!

Joshua invests​ $500 at the interest rate shown. Felix invests​ $1,000 in an account with the same compounding but at​ 6% intere

Joshua invests $500 at the interest rate shown. Felix invests $1,000 in an account with the same compounding but at 6% intere