Question:

Gabriel invested $77,000 in an account paying an interest

Last updated: 8/11/2022

Gabriel invested $77,000 in an account paying an interest

Gabriel invested $77,000 in an account paying an interest rate of 3 1/2% compounded monthly. Isabella invested $77,000 in an account paying an interest rate of 41/8% compounded quarterly. After 6 years, how much more money would Isabella have in her account than Gabriel, to the nearest dollar?