Joshua invests​ $500 at the interest rate shown. Felix invests​ $1,000 in an account with the same compounding but at​ 6% interest rate. Model each investment with an exponential growth function. Whose money will double​ first? Explain.


INVESTMENT SPECIAL
Annual Interest Rate- 7.8%
Interest Period - 2 years

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Answer:

1

Step-by-step explanation: