Mathematics
Mathematics, 29.04.2021 04:10, paovue48

Caleb invested $6,200 in an account paying an interest rate of 7 1/2% compounded quarterly. Sophie invested $6,200 in an account paying an interest rate of 7 7/8%
compounded monthly. To the nearest dollar, how much money would Sophie have in
her account when Caleb's money has doubled in value?

answer
Answers: 3

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Caleb invested $6,200 in an account paying an interest rate of 7 1/2% compounded quarterly. Sophie...

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