Jeremiah invested $930 in an account paying an interest rate of 6 frac{1}{8}6 8 1 % compounded quarterly. Bella invested $930 in an account paying an interest rate of 5 frac{5}{8}5 8 5 % compounded continuously. After 5 years, how much more money would Jeremiah have in his account than Bella, to the nearest dollar?

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Mathematics, 04.03.2021 17:30 adazeb2003

Jeremiah invested $930 in an account paying an interest rate of 6\tfrac{1}{8}6 8 1 % compounded quarterly. Bella invested $930 in an account paying an interest rate of 5\tfrac{5}{8}5 8 5 % compounded continuously. After 5 years, how much more money would Jeremiah have in his account than Bella, to the nearest dollar?

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Jeremiah invested $930 in an account paying an interest rate of 6\tfrac{1}{8}6 8 1 % compounded qu...