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6. The graph below shows the balances in two bank accounts. Both accounts pay the same interest rate, but one compounds continuously and the other
6. The graph below shows the balances in two bank accounts. Both accounts pay the same interest rate, but one compounds continuously and the other compounds annually. Which curve corresponds to which compounding method? Explain how you know? | What is the initial deposit in each case? 120 -100 -80 -60 -40 Time 20
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