Aiden invested $98,000 in an account paying an interest rate of 2 % compounded continuously. Autumn invested $98,000 in an account paying an interest rate of 2%
compounded quarterly. After 11 years, how much more money would Autumn have in
her account than Aiden, to the nearest dollar?

Aiden would have $67 more than Autumn.

Step-by-step explanation:

Aiden compounded continuously, which uses the formula:

Plugging in what we know about Aiden's investment:

That gives us: 122115.5196

Autumn invested using regular compound interest, which has the formula:

Since Autumn's investment is getting compounded quarterly, n=4 because it gets compounded 4 times a year.

Plug in Autumn's investment:

That gives us: 122048.5974

Now just subtract the two and round to the nearest dollar:

OR

$67. Aiden would have $67 more than Autumn after 11 years.

answer: the distance

step-by-step explanation:

to calculate the distance d of a line segment with endpoints (x1, y1) and (x2, y2) use the formula d (x2 x1)2 (y2 y1)2. to calculate the midpoint of a line segment with endpoints (x1, y1) and (x2, y2) use the formula

75%

step-by-step explanation: