Table of contents
- 0. Review of Algebra4h 16m
- 1. Equations & Inequalities3h 18m
- 2. Graphs of Equations1h 31m
- 3. Functions2h 17m
- 4. Polynomial Functions1h 44m
- 5. Rational Functions1h 23m
- 6. Exponential & Logarithmic Functions2h 28m
- 7. Systems of Equations & Matrices4h 6m
- 8. Conic Sections2h 23m
- 9. Sequences, Series, & Induction1h 19m
- 10. Combinatorics & Probability1h 45m
6. Exponential & Logarithmic Functions
Introduction to Exponential Functions
7:10 minutes
Problem 10
Textbook Question
Textbook QuestionUse the compound interest formulas to solve Exercises 10–11. Suppose that you have $5000 to invest. Which investment yields the greater return over 5 years: 1.5% compounded semiannually or 1.45% compounded monthly?
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