Answered

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Abigail invested $130 in an account paying an interest rate of 4 5 8 4 8 5 ​ % compounded continuously. Hunter invested $130 in an account paying an interest rate of 4 7 8 4 8 7 ​ % compounded daily. To the nearest hundredth of a year, how much longer would it take for Abigail's money to triple than for Hunter's money to triple?

Sagot :

Answer: 1.22 years

Step-by-step explanation: see photos attached.

View image Kajalalal
View image Kajalalal
View image Kajalalal
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