Jack invested $2,900 in an account paying an interest rate of 8 1/8% compounded annually. Anthony invested $2,900 in an account

Question

Jack invested $2,900 in an account paying an interest rate of 8 1/8% compounded annually. Anthony invested $2,900 in an account paying an interest rate of 8 1/2% compounded continuously. After 10 years, how much more money would Anthony have in his account than Jack, to the nearest dollar?

Kunduz · Accepted Answer

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