ghascher810 ghascher810

30-04-2024
Mathematics

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Alang invested $47,000 in an account paying an interest rate of 4^1/2% compounded annually. Amelia invested $47,000 in an account paying an interest rate of 3^7/8% compounded continuously. After 18 years, how much more money would Alang have in his account than Amelia, to the nearest dollar?

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