Mathematics, 28.09.2020 16:01, MendesArmy333

27. Reason Adam invests $8,000 in an account that earns 1.25% interest, compounded quarterly
for 20 years. On the same date, Jacinta invests
$8,000 in an account that earns continuous
compounded interest at a rate of 1.25% for
20 years. Who do you predict will have more
money in their account after 20 years? Explain
your reasoning.

Answers: 1

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27. Reason Adam invests $8,000 in an account that earns 1.25% interest, compounded quarterly
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