Ian invested $20,000 in an account paying an interest rate of 3 1/4​ % compounded continuously. Lauren invested $20,000 in an account paying an interest rate of 3 7/8 ​ % compounded monthly. After 20 years, how much more money would Lauren have in her account than Ian, to the nearest dollar?

answer: 1,380

step-by-step explanation:

1: you turn %15 into a decimal by moving the decimal point two places to the left.

2: and then you multiply .15 by 1,200 , which will get you 180.00

3: from there you will add 180 to 1,200

4: which will get you 1,380

hope it *im kind of slow so idk if my answer is right*

step-by-step explanation:

well if you round, things become much more simple. round 5.95 to 6, 4.25 to 4, and 1.05 to 1. now, add 6+4+1 and that would equal 11. so the items together would equal to about $11.