Mathematics, 20.03.2021 04:40 130005401

Elijah invested $530 in an account paying an interest rate of 85 % compounded continuously. Carter invested $530 in an account paying an interest rate of 82%
compounded annually. After 11 years, how much more money would Elijah have in
his account than Carter, to the nearest dollar?

Answers: 1

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Elijah invested $530 in an account paying an interest rate of 85 % compounded continuously. Carter invested $530 in an account paying an interest rate of 82% compounded annually. After 11 years, how much more money would Elijah have in his account than Carter, to the nearest dollar?

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Elijah invested $530 in an account paying an interest rate of 85 % compounded continuously. Carter invested $530 in an account paying an interest rate of 82%
compounded annually. After 11 years, how much more money would Elijah have in
his account than Carter, to the nearest dollar?