Beau and Shaleah each get a $1000 bonus at work and decide to invest it. Beau putshis money into an account that earns an annual interest rate of 6.5%, compounded yearly. He also decided to deposit $1200 each year. Shaleah finds an account that earns 6.5%, compounded monthly,and decides to deposit $100 each month. Compare the amounts of money that Beau and Shaleah deposit each year. Describe any differencesor similarities. Compare the balances of Beau's and Shaleah's accounts over several years. Describe any differences or similarities

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Beau and Shaleah each get a $1000 bonus at work and decide to invest it. Beau putshis money into an account that earns an annual interest rate of 6.5%, compounded yearly. He also decided to deposit $1200 each year. Shaleah finds an account that earns 6.5%, compounded monthly,and decides to deposit $100 each month. Compare the amounts of money that Beau and Shaleah deposit each year. Describe any differencesor similarities. Compare the balances of Beau's and Shaleah's accounts over several years. Describe any differences or similarities

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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\[A=P(1+\frac{ r }{ n})^{nt}\] this is the compound-interest formula: "A" is the ending amount "P" is the beginning amount (or "principal"), "r" is the interest rate (expressed as a decimal) "n" is the number of compoundings a year "t" is the total number of years. also If interest is compounded yearly, then n = 1 if semi-annually, then n = 2 quarterly, then n = 4 monthly, then n = 12 weekly, then n = 52; daily, then n = 365;

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