If $100 is invested at a rate of 6% compounded continuously,the amount in the account is given by: S =
.If the principal is invested at an account earning 6% compounded monthly,the amount is given by: S = 100 ∙
.Consider the difference in these two investments by graphing both functions on your graphing calculator and looking at the years 5 through 6.(Use the window
×
.)What do you notice about the two graphs?
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