Hailey invested $95,000 in an account paying an interest rate of 7 frac{1}{4}7 4 1 % compounded continuously. Brooklyn invested $95,000 in an account paying an interest rate of 6 frac{5}{8}6 8 5 % compounded monthly. After 10 years, how much more money would Hailey have in her account than Brooklyn, to the nearest dollar?

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Mathematics, 16.04.2021 18:10 salinasroel22

Hailey invested $95,000 in an account paying an interest rate of 7\tfrac{1}{4}7 4 1 % compounded continuously. Brooklyn invested $95,000 in an account paying an interest rate of 6\tfrac{5}{8}6 8 5 % compounded monthly. After 10 years, how much more money would Hailey have in her account than Brooklyn, to the nearest dollar?

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