Mathematics, 12.04.2021 15:40 timothycarter342

Serenity invested $1,000 in an account paying an interest rate of 4 % compounded continuously. Matthew invested $1,000 in an account paying an interest rate of 4%
compounded daily. After 18 years, how much more money would Matthew have in his
account than Serenity, to the nearest dollar?

Answers: 3

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Serenity invested $1,000 in an account paying an interest rate of 4 % compounded continuously. Matthew invested $1,000 in an account paying an interest rate of 4% compounded daily. After 18 years, how much more money would Matthew have in his account than Serenity, to the nearest dollar?

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Another question on Mathematics

Serenity invested $1,000 in an account paying an interest rate of 4 % compounded continuously. Matthew invested $1,000 in an account paying an interest rate of 4%
compounded daily. After 18 years, how much more money would Matthew have in his
account than Serenity, to the nearest dollar?