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Mathematics, 21.02.2020 22:50 barattah

Suppose that your family deposited $10,000 in an interesting bearing account for your college fund that earn simple interest each year. A friend's family deposited$10,000 in an interest bearing account for their child's college fund that earns compound interest each year. For zero years for simple interest balance in dollars is 10,000. For 1 year its 10,400, the two years its 10,800, for the three years its 11,200, for 10 years its 14,000. For zero years in compound interest balance is 10,000. For 1 year its 10,400. For 2 years its 10,816. For 3 years its 11,248.64. For 10 years its 14,802.44. Write a function, s(x), to represent the simple interest account and a function, c(×), to represent the compound interest account.

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