Module 7

Day 122

Day 123

Explain the difference between linear growth and exponential growth.

Day 124

If you were to invest $1000 today to save for your retirement in about 50 years, would you want to invest in an account that paid 10% simple interest with linear growth, or would you want to invest it in an account that paid 5% compound interest with exponential growth? Explain the reasons for your choice.

Day 125

Explain the differences and the similarities between exponential growth and exponential decay. Give an example of each.

Day 126

Day 127