devinsaenz43 devinsaenz43

15-09-2022
Mathematics

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Mackenzie invested $200 in an account paying an interest rate of 2\tfrac{1}{4}2 4 1 % compounded continuously. Kadeesha invested $200 in an account paying an interest rate of 1\tfrac{7}{8}1 8 7 % compounded monthly. After 6 years, how much more money would Mackenzie have in her account than Kadeesha, to the nearest dollar?

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