Mathematics, 24.02.2021 06:40 ShexSmart1646

Josiah invested $7,800 in an account paying an interest rate of 8 7/8% compounded continuously. Faith invested $7,800 in an account paying an interest rate of 8 3/4%
compounded quarterly. After 9 years, how much more money would Josiah have in
his account than Faith, to the nearest dollar?

Answers: 2

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More questions: Mathematics Another questions

Josiah invested $7,800 in an account paying an interest rate of 8 7/8% compounded continuously. Faith invested $7,800 in an account paying an interest rate of 8 3/4% compounded quarterly. After 9 years, how much more money would Josiah have in his account than Faith, to the nearest dollar?

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Another question on Mathematics

Josiah invested $7,800 in an account paying an interest rate of 8 7/8% compounded continuously. Faith invested $7,800 in an account paying an interest rate of 8 3/4%
compounded quarterly. After 9 years, how much more money would Josiah have in
his account than Faith, to the nearest dollar?