Mathematics
Mathematics, 12.03.2022 09:10, nadia00738

Leah invested $400 in an account paying an interest rate of 1
1
2
1
2
1

% compounded annually. Lauren invested $400 in an account paying an interest rate of
0
7
8
0
8
7

% compounded monthly. To the nearest hundredth of a year, how much longer would it take for Lauren's money to triple than for Leah's money to triple?

answer
Answers: 3

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Do you know the correct answer?
Leah invested $400 in an account paying an interest rate of 1
1
2
1
2

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