William invested $330 in an account paying an interest rate of 8\tfrac{1}{8}8 8 1 % compounded continuously. Isaac invested $330 in an account paying an interest rate of 8\tfrac{5}{8}8 8 5 % compounded monthly. After 12 years, how much more money would Isaac have in his account than William, to the nearest dollar?

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04-10-2021
Mathematics

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William invested $330 in an account paying an interest rate of 8\tfrac{1}{8}8 8 1 % compounded continuously. Isaac invested $330 in an account paying an interest rate of 8\tfrac{5}{8}8 8 5 % compounded monthly. After 12 years, how much more money would Isaac have in his account than William, to the nearest dollar?

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