What is the total value of Tyler's savings in the compound interest account after 6 years? How much has Tyler earned from interest after 6 years? Be sure to use at least three of your vocabulary words in your response to these questions and underline them. What kind of pattern do you notice in the calculations? What shortcut could be used to calculate the account balance for the compound interest account after a certain number of years? Justify your reasoning. Which type of account would you suggest Tyler deposit his money into: the account with simple interest or compound interest? Justify your reasoning.
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