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Help!! Plzzz Nevaeh invested $1,200 in an account paying an interest rate of 2 % compounded quarterly. Paisley invested $1,200 in an account paying an interest rate of 2 % compounded continuously. To the
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Help!! Plzzz

Nevaeh invested $1,200 in an account paying an interest rate of 2 % compounded
quarterly. Paisley invested $1,200 in an account paying an interest rate of 2 %
compounded continuously. To the nearest dollar, how much money would Nevaeh
have in her account when Paisley's money has tripled in value?

User Nishant Roy
by
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1 Answer

5 votes

Answer:

Nevaeh will have 1224.33 and Paisley will have 1275

User Axel Magagnini
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