Mathematics, 11.06.2021 23:30, dondre54

Avery invested $3,800 in an account paying an interest rate of 5\tfrac{1}{2}5 2
1

% compounded monthly. Serenity invested $3,800 in an account paying an interest rate of 6\tfrac{1}{8}6
8
1

% compounded continuously. After 17 years, how much more money would Serenity have in her account than Avery, to the nearest dollar?

Answers: 3

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Avery invested $3,800 in an account paying an interest rate of 5\tfrac{1}{2}5 2
1