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Today at 10:23 AM
Mathematics

Answered

Alexandra invested $610 in an account paying an interest rate of 7 3/8% compounded

daily. Madeline invested $610 in an account paying an interest rate of 7 7/8%

compounded continuously. After 16 years, how much more money would Madeline

have in her account than Alexandra, to the nearest dollar?

Answer :

jjenniferrr214 jjenniferrr214

Today at 10:28 AM

Exact answer: 165.5754

Rounded to the nearest dollar: 166

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