Mathematics, 09.03.2021 22:20 alyssamiller401

Elizabeth invested $970 in an account paying an interest rate of 6% compounded daily. Matthew invested $970 in an account paying an interest rate of 6%
compounded continuously. After 8 years, how much more money would Matthew
have in his account than Elizabeth, to the nearest dollar?

Answers: 3

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More questions: Mathematics Another questions

Elizabeth invested $970 in an account paying an interest rate of 6% compounded daily. Matthew invested $970 in an account paying an interest rate of 6% compounded continuously. After 8 years, how much more money would Matthew have in his account than Elizabeth, to the nearest dollar?

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Another question on Mathematics

Elizabeth invested $970 in an account paying an interest rate of 6% compounded daily. Matthew invested $970 in an account paying an interest rate of 6%
compounded continuously. After 8 years, how much more money would Matthew
have in his account than Elizabeth, to the nearest dollar?