Mathematics, 05.06.2020 03:59 brea2006

Jackson invested $81,000 in an account paying an interest rate of 6 1 2 6 2 1 % compounded monthly. Angel invested $81,000 in an account paying an interest rate of 7 1 8 7 8 1 % compounded quarterly. After 16 years, how much more money would Angel have in his account than Jackson, to the nearest dollar?

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Jackson invested $81,000 in an account paying an interest rate of 6 1 2 6 2 1 % compounded monthly....