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Logan invested $80,000 in an account paying an interest rate of 1\tfrac{1}{4}1 4 1 ​ % compounded monthly. Leah invested $80,000 in an account paying an interest rate of 1\tfrac{7}{8}1 8 7 ​ % compounded continuously. After 17 years, how much more money would Leah have in her account than Logan, to the nearest dollar?

2 Answers

3 votes

Answer:$11,102

Explanation:

User RodolfoSilva
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5 votes

Answer: $11,102

Explanation:

User Maxime Peloquin
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