589 views
5 votes
Jack invested $2,900 in an account paying an interest rate of 8 % compounded

annually. Anthony invested $2,900 in an account paying an interest rate of 81%
compounded continuously. After 10 years, how much more money would Anthony
have in his account than Jack, to the nearest dollar?
I don’t understand how to solve.

1 Answer

6 votes

Answer:$451

Step-by-step explanation:

User Twg
by
7.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories