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Charlotte invested $730 in an account paying an interest rate of 3≥% compounded continuously. Khalil invested $730 in an account paying an interest rate of 33 % compounded daily. After 8 years, how much
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Charlotte invested $730 in an account paying an interest rate of 3≥% compounded continuously. Khalil invested $730 in an account paying an interest rate of 33 % compounded daily. After 8 years, how much more money would Khalil have in his account than Charlotte, to the nearest dollar?

User Ellockie
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1 Answer

7 votes

Answer:

Khalil would have $1,845 more than Charlotte, to the nearest dollar.

Explanation:

User Liushan CHEN
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