00:01
So we have a problem here.
00:03
Let's draw out the graph of what we get here.
00:10
I'm not working with the ruler, so some of the lines here may not be exactly straight 100%.
00:17
We have the bottom, or our x -axis here labeled as years, and this goes up to 7.
00:25
And again, this is not going to be exactly perfect.
00:33
And our y -axis is accumulated interest and i'll be writing in that as well and this will go all the way up to 1 ,000 um the y -axis i'll just write the y and x -axis up here we have accumulated interest uh in dollars and our x's years now drawing in our graph here we have after one year just above 100 after 2, just about 250, after three years on the cusp of 400.
01:51
But at 4 years, we have right above 500.
02:00
At 5 years, we have a bit of a growth.
02:03
We're right below $700...