Jack invested $2,900 in an account paying an interest rate of 8 frac{1}{8}8 8 1 % compounded annually. Anthony invested $2,900 in an account paying an interest rate of 8 frac{1}{2}8 2 1 % compounded continuously. After 10 years, how much more money would Anthony have in his account than Jack, to the nearest dollar?

Mathematics, 03.03.2021 15:40, maddiiie128

Jack invested $2,900 in an account paying an interest rate of 8\tfrac{1}{8}8 8 1 % compounded annually. Anthony invested $2,900 in an account paying an interest rate of 8\tfrac{1}{2}8 2 1 % compounded continuously. After 10 years, how much more money would Anthony have in his account than Jack, to the nearest dollar?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:30, dessssimartinez6780

Name these type of angles shown check all that applies

Answers: 2

continue

Mathematics, 21.06.2019 16:30, silviamgarcia

Through: (-3,-3) parallel to y= 7/3x+3

Answers: 2

continue

Mathematics, 21.06.2019 22:00, makenziehook8

Given that sin∅ = 1/4, 0 < ∅ < π/2, what is the exact value of cos∅? a. (√4)/4 b. (√15)/4 c. (4π)/2 d. (4√2)/4

Answers: 2

continue

Mathematics, 21.06.2019 22:40, jeffyisdrunk

The value of x in this system of equations is 1. 3x + y = 9 y = –4x + 10 substitute the value of y in the first equation: combine like terms: apply the subtraction property of equality: apply the division property of equality: 3x + (–4x + 10) = 9 –x + 10 = 9 –x = –1 x = 1 what is the value of y?

Answers: 1

continue

Do you know the correct answer?

Jack invested $2,900 in an account paying an interest rate of 8\tfrac{1}{8}8 8 1 % compounded annu...