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Elizabeth invested $7,800 in an account paying an interest rate of 7\tfrac{1}{8}7 8 1 ​ % compounded monthly. Mason invested $7,800 in an account paying an interest rate of 7\tfrac{3}{8}7 8 3 ​ % compounded continuously. To the nearest dollar, how much money would Elizabeth have in her account when Mason's money has doubled in value?

1 Answer

8 votes

Answer:

$339

Explanation:

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