Mathematics, 09.02.2021 19:20 nick4524

Kayla invested $88,000 in an account paying an interest rate of 8 % compounded daily. Sadie invested $88,000 in an account paying an interest rate of 8 %
compounded quarterly. After 16 years, how much more money would Sadie have in
her account than Kayla, to the nearest dollar?

Answers: 1

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More questions: Mathematics Another questions

Kayla invested $88,000 in an account paying an interest rate of 8 % compounded daily. Sadie invested $88,000 in an account paying an interest rate of 8 % compounded quarterly. After 16 years, how much more money would Sadie have in her account than Kayla, to the nearest dollar?

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Another question on Mathematics

Kayla invested $88,000 in an account paying an interest rate of 8 % compounded daily. Sadie invested $88,000 in an account paying an interest rate of 8 %
compounded quarterly. After 16 years, how much more money would Sadie have in
her account than Kayla, to the nearest dollar?