Mathematics, 19.03.2021 06:20 miaaa0

Melanie invested $8,600 in an account paying an interest rate of 2% compounded monthly. Oliver invested $8,600 in an account paying an
interest rate of 2% compounded daily. After 10 years, how much more
money would Melanie have in her account than Oliver, to the nearest dollar?

Answers: 2

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Melanie invested $8,600 in an account paying an interest rate of 2% compounded monthly. Oliver invested $8,600 in an account paying an interest rate of 2% compounded daily. After 10 years, how much more money would Melanie have in her account than Oliver, to the nearest dollar?

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Another question on Mathematics

Melanie invested $8,600 in an account paying an interest rate of 2% compounded monthly. Oliver invested $8,600 in an account paying an
interest rate of 2% compounded daily. After 10 years, how much more
money would Melanie have in her account than Oliver, to the nearest dollar?