Mathematics, 19.05.2021 15:50 kylucienne
Sofia invested $2,900 in an account paying an interest rate of 2\tfrac{1}{2}2 2 1 % compounded daily. Charlotte invested $2,900 in an account paying an interest rate of 2\tfrac{7}{8}2 8 7 % compounded quarterly. To the nearest hundredth of a year, how much longer would it take for Sofia's money to triple than for Charlotte's money to triple?
Answers: 1
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Sofia invested $2,900 in an account paying an interest rate of 2\tfrac{1}{2}2 2 1 % compounded dai...
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