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28-10-2022
Mathematics

Answered

Amadou invested $760 in an account paying an interest rate of 8\tfrac{1}{2}8 2 1 % compounded continuously. Mia invested $760 in an account paying an interest rate of 8\tfrac{3}{8}8 8 3 % compounded annually. After 20 years, how much more money would Amadou have in his account than Mia, ?

Answer :

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