Amelia plans to open a compound interest savings account with a $22,000 deposit at a bank with an annual interest rate of 5.25%. how much more interest will she earn over 10 years if she chooses an account that compounds interest quarterly instead of annually?

A = P(1+r/n)^(nt)

annually:

quarterly:

A = 22,000 ( 1 + 0.0525/1 )^10  = 36,698.11

quarterly:

A = 22,000 ( 1 + 0.0525/4 )^(4*10 ) = 37,063.29

37,063.29 - 36,698.11 = 365.18

compound interest quarterly earned $365.18 more than annually

answer: i guess 5 units?

step-by-step explanation:

step-by-step explanation:

idk the answer i want to say 10 but then it would be equal so try 9 but then yeah so yeah we love edgen