Carson invested $80,000 in an account paying an interest rate of 5% compounded continuously.
Makayla invested $80,000 in an account paying an
interest rate of 4% compounded daily. To the
nearest dollar, how much money would Carson have
in his account when Makayla's money has tripled in
value?

315881.53

Step-by-step explanation:

We first need to figure out how long it takes for the money to triple

let x= number of years it takes for the money to tirple

Now plug that value into the continously compounding formula

Which rounds to

315881.53

u = -(6/7)w

step-by-step explanation:

place all values with 'u' on one side of the equation.

4u + 8w = - 3u + 2w

4u + 3u = 2w - 8w

further simplify the equation by solving the addition and subtraction.

7u = - 6w

make 'u' the independent variable by placing its co-efficient on the right-hand side.

u = - (6/7)w