Question:

Nevaeh invested $80,000 in an account paying an interest

Last updated: 8/11/2022

Nevaeh invested $80,000 in an account paying an interest

Nevaeh invested $80,000 in an account paying an interest rate of 5 1/8% compounded continuously. Aaliyah invested $80,000 in an account paying an interest rate of 5 3/8% compounded monthly. After 13 years, how much more money would Aaliyah have in her account than Nevaeh, to the nearest dollar?