Mathematics, 23.04.2021 22:40 dbrwnn

Alyssa invested $180 in an account paying an interest rate of 8\tfrac{3}{8}8 8
3

% compounded annually. Lily invested $180 in an account paying an interest rate of 8\tfrac{1}{8}8
8
1

% compounded continuously. To the nearest hundredth of a year, how much longer would it take for Alyssa's money to triple than for Lily's money to triple?

Answers: 2

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Alyssa invested $180 in an account paying an interest rate of 8\tfrac{3}{8}8 8
3