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09-12-2022
Mathematics

Answered

Arianys invested $61,000 in an account paying an interest rate of 7% compounded
continuously. Yusuf invested $61,000 in an account paying an interest rate of 7%
compounded monthly. After 14 years, how much more money would Yusuf have in
his account than Arianys, to the nearest dollar?

Answer :

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