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Mathematics, 11.11.2020 05:30 briansalazar17

Martha invested $300 in an account paying an interested rate of 6% compounded aanually. Gavin invested $300 in an account
paying an interest rate of 5.5% compounded quarterly. After 5
years, what would the difference in the accounts be?
Gavin would have $10.25 more after 5 years.
Martha would have $10.25 more after 5 years.
Martha would have $9.38 more after 5 years.
Gavin would have $9.38 more after 5 years.

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Answers: 1

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