Zachary invested $5,400 in an account paying an interest rate of 2 frac{1}{4}2 4 1 % compounded quarterly. Addison invested $5,400 in an account paying an interest rate of 2 frac{3}{8}2 8 3 % compounded continuously. To the nearest hundredth of a year, how much longer would it take for Zachary's money to triple than for Addison's money to triple?

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Mathematics, 11.06.2021 17:40, eden1017

Zachary invested $5,400 in an account paying an interest rate of 2\tfrac{1}{4}2 4 1 % compounded quarterly. Addison invested $5,400 in an account paying an interest rate of 2\tfrac{3}{8}2 8 3 % compounded continuously. To the nearest hundredth of a year, how much longer would it take for Zachary's money to triple than for Addison's money to triple?

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Zachary invested $5,400 in an account paying an interest rate of 2\tfrac{1}{4}2 4 1 % compounded q...