Jackson invested $81,000 in an account paying an interest rate of 6\tfrac{1}{2}6
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Mathematics, 16.04.2021 20:40 bgallman153p71edg
Jackson invested $81,000 in an account paying an interest rate of 6\tfrac{1}{2}6
2
1
β
% compounded monthly. Angel invested $81,000 in an account paying an interest rate of 7\tfrac{1}{8}7
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1
β
% compounded quarterly. After 16 years, how much more money would Angel have in his account than Jackson, to the nearest dollar?
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