If $100 Is Invested at a Rate of 6% Compounded

question 75

Essay

If $100 is invested at a rate of 6% compounded continuously,the amount in the account is given by: S =
.If the principal is invested at an account earning 6% compounded monthly,the amount is given by: S = 100 ∙
.Consider the difference in these two investments by graphing both functions on your graphing calculator and looking at the years 5 through 6.(Use the window
×
.)What do you notice about the two graphs?

---

Definitions:

Judicial Appointment Process

The procedure through which judges are selected and appointed to the bench, which can vary greatly depending on the country's legal framework and may involve nomination by the executive branch and confirmation by the legislative or another body.

Ideological Preferences

The set of beliefs, values, and opinions that shapes an individual's or group's political perspectives and policy choices.

Presidential Preferences

The choices or inclinations of voters regarding presidential candidates in an election.

Judicial Restraint

A philosophy of law where judges play minimal policymaking roles, leaving policy decisions to the legislature and executive branches of government.