Logan invested $80,000 in an account paying an interest rate of 1 frac{1}{4}1 4 1 % compounded monthly. Leah invested $80,000 in an account paying an interest rate of 1 frac{7}{8}1 8 7 % compounded continuously. After 17 years, how much more money would Leah have in her account than Logan, to the nearest dollar?

Step-by-step explanation: 5.6+3.7=8.13-13=0...

Mathematics, 13.11.2020 16:40 xojade

Logan invested $80,000 in an account paying an interest rate of 1\tfrac{1}{4}1 4 1 % compounded monthly. Leah invested $80,000 in an account paying an interest rate of 1\tfrac{7}{8}1 8 7 % compounded continuously. After 17 years, how much more money would Leah have in her account than Logan, to the nearest dollar?

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Logan invested $80,000 in an account paying an interest rate of 1\tfrac{1}{4}1 4 1 % compounded mon...