Wyatt invested $1,600 in an account paying an interest rate of 52% compounded annually. Joshua invested $1,600 in an account paying an interest rate of 47%
compounded quarterly. After 17 years, how much more money would Wyatt have in
his account than Joshua, to the nearest dollar?

i=prt

Interest = principal*rate*time

1,600*.47*17

Interest = 12784 +1600 = 14384

Step-by-step explanation:

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

step-by-step explanation: