Mathematics
Mathematics, 01.05.2021 04:50, Mary516

Sofia invested $2,900 in an account paying an interest rate of 2 1/2% compounded daily. Charlotte invested $2,900 in an account paying an interest rate of 2 7/8% compounded quarterly. To the nearest hundredth of a year, how much longer would it take for Sofia's money to triple than for Charlotte's money to triple?

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Sofia invested $2,900 in an account paying an interest rate of 2 1/2% compounded daily. Charlotte in...

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