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Mathematics, 11.06.2021 23:30 dondre54

Avery invested $3,800 in an account paying an interest rate of 5\tfrac{1}{2}5 2
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% compounded monthly. Serenity invested $3,800 in an account paying an interest rate of 6\tfrac{1}{8}6
8
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% compounded continuously. After 17 years, how much more money would Serenity have in her account than Avery, to the nearest dollar?

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Answers: 3

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Avery invested $3,800 in an account paying an interest rate of 5\tfrac{1}{2}5 2
1

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