Mathematics, 09.04.2021 20:50 hemaam8
Hannah invested $96,000 in an account paying an interest rate of 6\tfrac{1}{2}6 2 1 % compounded quarterly. Evelyn invested $96,000 in an account paying an interest rate of 6\tfrac{1}{4}6 4 1 % compounded monthly. To the nearest hundredth of a year, how much longer would it take for Evelyn's money to double than for Hannah's money to double?
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Hannah invested $96,000 in an account paying an interest rate of 6\tfrac{1}{2}6 2 1 % compounded q...
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