Mathematics, 22.03.2021 16:20, cookies1164

Kayla invested $88,000 in an account paying an interest rate of 8 1/8% compounded daily. Sadie invested $88,000 in an account paying an interest rate of 8 5/8%

compounded quarterly. After 16 years, how much more money would Sadie have in

her account than Kayla, to the nearest dollar?

Answers: 1

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Kayla invested $88,000 in an account paying an interest rate of 8 1/8% compounded daily. Sadie invested $88,000 in an account paying an interest rate of 8 5/8% compounded quarterly. After 16 years, how much more money would Sadie have in her account than Kayla, to the nearest dollar?

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Kayla invested $88,000 in an account paying an interest rate of 8 1/8% compounded daily. Sadie invested $88,000 in an account paying an interest rate of 8 5/8%

compounded quarterly. After 16 years, how much more money would Sadie have in

her account than Kayla, to the nearest dollar?