Rockafella Savings and Loans offers its most esteemed

Last updated: 8/8/2022

Rockafella Savings and Loans offers its most esteemed depositors an APR of 2.45% compounded continuously. Both Jay and Nelson deposited $50,000 into such an account, but Jay plans to let it accrue interest for 15 years, while Nelson plans to withdraw his money in 20 years. Compared to Jay's final amount, how much more money will Nelson have when he withdraws all his money?