Asked by jak
David invested $340 in an account paying an interest rate of 2 1/8% compounded continuously. Natalie invested $340 in an account paying an interest rate of 2 3/4% compounded quarterly. After 17 years, how much more money would Natalie have in her account than David, to the nearest dollar?
Answers
Answered by
oobleck
340(e^(0.02125*17) - e^(0.0275*17)) = ____
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