Mathematics
Mathematics, 08.04.2021 04:40, colton6926

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

answer
Answers: 2

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Do you know the correct answer?
Kayla invested $88,000 in an account paying an interest rate of 8\tfrac{1}{8}8 8
1
​

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