Mathematics, 08.06.2021 05:20 chriscook1466

Hannah invested $32,000 in an account paying an interest rate of 2 1/4 % compounded quarterly. Mila invested $32,000 in an account paying an interest rate of 1 5/8 % compounded continuously. After 13 years, how much more money would Hannah have in her account than Mila, to the nearest dollar?

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Hannah invested $32,000 in an account paying an interest rate of 2 1/4 % compounded quarterly. Mila invested $32,000 in an account paying an interest rate of 1 5/8 ​ % compounded continuously. After 13 years, how much more money would Hannah have in her account than Mila, to the nearest dollar?

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Hannah invested $32,000 in an account paying an interest rate of 2 1/4 % compounded quarterly. Mila invested $32,000 in an account paying an interest rate of 1 5/8 % compounded continuously. After 13 years, how much more money would Hannah have in her account than Mila, to the nearest dollar?