Compound interest produces exponential growth because an


1. A window consists of a 4-foot by 6-foot rectangle capped by a semicircle. How much trim is needed to go around the window?

2. Compound interest produces exponential growth because an interest-bearing account grows by the same percentage each year. Suppose your bank account has a doubling time of 13 years. By what factor does your balance increase in 50 years?

 

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Mathematics: Compound interest produces exponential growth because an
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