Lincoln invested $24,000 in an account paying an interest rate of 3 frac{3}{4}3 4 3 % compounded continuously. Brianna invested $24,000 in an account paying an interest rate of 3 frac{1}{2}3 2 1 % compounded daily. After 7 years, how much more money would Lincoln have in his account than Brianna, to the nearest dollar?

Mathematics, 08.06.2021 16:30 boomerjm

Lincoln invested $24,000 in an account paying an interest rate of 3\tfrac{3}{4}3 4 3 % compounded continuously. Brianna invested $24,000 in an account paying an interest rate of 3\tfrac{1}{2}3 2 1 % compounded daily. After 7 years, how much more money would Lincoln have in his account than Brianna, to the nearest dollar?

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