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Homework with the componend interes + accum alation of 1 after t the with simple accumulation Show a) The interest interes + is that for
Homework with the componend interes + accum alation of 1 after t the with simple accumulation Show a) The interest interes + is that for for any at the (1+it) O positive value accumulation with simple interest (1+i) for b) 1 +it
thomework with the componend interest at an effective rate ip. a the accumalation of 1 after t years is (1+i)t whils with simple interest at the same rate the corresponding accumulation is (1+it) Show that, for any positive value at i,(i>0) thati a) The accumulateon win semple interest acords that with comeond inoest if o\&ici b) the accumutation in with compound interes exeants that with simple interest if t>1 a) 1+i>(1+i)t for 0Step by Step Solution
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