Jace invested $67,000 in an account paying an interest rate of 5 5/8% compounded monthly. Joseph invested $67,000 in an account paying an in

Question

Jace invested $67,000 in an account paying an interest rate of 5 5/8% compounded monthly. Joseph invested $67,000 in an account paying an interest rate of 6 1/4% compounded continuously. After 18 years, how much more money would Joseph have in his account than Jace, to the nearest dollar?

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Huyền Thanh 4 years 2021-08-02T19:18:42+00:00 1 Answers 41 views 0

Answers ( )

  1. niczorrrr
    0
    2021-08-02T19:20:33+00:00
    Reply

    Answer:

    $22395

    Step-by-step explanation:

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