5. Twin sisters, Nydea and Zakeya, decide to save for college. Both deposit $200 into
2 different savings accounts. Nydea's investment is modeled by the exponential
equation A (t) 200(1.08)', where A (t) represents the amount of investment
after t years. Zakeya's investment is represented by the table.
Time (years)
Investment ($)
0
200
1
210
2
3
220.50 231.53 243.11
What is the difference in the percent of increase at which the twins investments
grow?
a)
3%
4%
5%